Azerbaijani Parliament adopts next year's budget in third reading

The draft law "On the state budget for 2022" was discussed in the third reading at today's plenary session of the Milli Majlis.

According to Report, after discussions, the bill was adopted in the third reading.

Next year Azerbaijan's state budget revenues and expenditures are estimated at 26.816 billion manats and 29.879 billion manats, respectively. Compared to the approved forecasts for 2021, these figures show a 5.4% and 4.7% increase, respectively. As a result, the budget will have a deficit of 3.063 billion manats, which is 1.7% less than a year ago.