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Azerbaijani Parliament adopts bill on amendments to 2022 state budget

Politics Materials 28 June 2022 12:56 (UTC +04:00)
Azerbaijani Parliament adopts bill on amendments to 2022 state budget

BAKU, Azerbaijan, June 28. Bill was discussed amending the Law "On the state budget of the Republic of Azerbaijan for 2022" at an extraordinary meeting of Azerbaijan’s Parliament (Milli Majlis), on June 28, Trend reports

According to the changes, revenues and expenditures of the state budget for 2022 will increase by more than eight percent.

Revenues of the revised state budget are projected at 29.1 billion manat ($17.1 billion), which is 2.3 billion manat ($1.3 billion) or 8.9 percent more than the approved figure.

Therefore, revenues of the revised state budget for 2022 are projected at 29.1 billion manat ($17.1 billion).

Expenses for the revised state budget for 2022 are projected at 32.3 billion manat ($19 billion), including centralized revenues – 28.1 billion manat ($16.5 billion), local revenues – 1.03 billion manat ($605.8 million), centralized expenses – 31.2 billion manat ($18.3 billion), local expenses – 1.07 billion manat ($629.4 million).

The bill was put to a vote after discussions and adopted in the second reading.

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