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‘2020 state budget - Azerbaijan’s biggest projected budget after regaining independence’

Economy Materials 5 November 2019 13:49 (UTC +04:00)
The 2020 state budget is Azerbaijan’s biggest projected budget after the restoration of the country’s independence
‘2020 state budget - Azerbaijan’s biggest projected budget after regaining independence’

BAKU, Azerbaijan, Nov. 5

Trend:

The 2020 state budget is Azerbaijan’s biggest projected budget after the restoration of the country’s independence, Chairman of the Chamber of Accounts Vugar Gulmammadov said, Trend reports Nov. 5.

Gulmammadov was speaking at the discussion of Azerbaijan’s draft state budget for 2020 in the parliament.

The chairman added that this year, the non-oil revenues of the state budget have increased significantly.

In 2020, Azerbaijan’s state budget revenues are projected in the amount of 24.1 billion manat ($14.1 billion), and expenses – 26.9 billion manat ($15.7 billion).

($1= 1.7 manat on Nov. 5)

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