Revisions and amendments to law draft State Budget 2006 debated in Milli Medjlis
Revisions and amendments to law drafts State Budget 2006 and Budget-2006 of State Fund Social Security were debated at the session of Milli Medjlis today, May 26. Trend reports first issue was spoken of by Ziyad Samedzadeh, chairman of permanent commission for economic policy.
Presiding commissioner said the countrys state budget is mounting 3.8bn manat. In 2000 it amounted 715mln, in 2001 784mln and in 2005 2.055bn manat. Samedzadeh said also revenues and expenses of 2006 alone equal those of the period 1997-2002.
By the forecasts, incomes to State budget from taxes are rising by 17.5%, from custom duties by 5.9%. Presiding commissioner said also 12.7% of budget expenses are allotted to defense. Health expenses make 7.5% of the budget.