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Azerbaijan’s Cabinet of Ministers submitted its proposals on decree of 2006 budget

Business Materials 11 November 2005 17:21 (UTC +04:00)

The Azerbaijan’s President executive office set to developing of the draft 2006 budget. The Cabinet of Ministers (CM) has already submitted its proposals on this decree, CM told Trend.

For the moment the proposals are under consideration by the President’s executive office.

The date for the decree signing is not specified yet.

The Parliament of Azerbaijan adopted the draft 2006 state budget with the indices of the revenue part of 3 406 315,3 thousand of the denominated AZM (for 2 million denominated AZM lower of the option proposed to the Parliament), the expenditures вЂ" 3 594 315,3 thousand of the denominated AZM (for 28 million denominated AZM more of the proposed option to the Parliament). The budget deficit is projected at the level of 188 million of denominated AZM (for 30 million denominated AZM more of the proposed option to the Parliament).

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