Azerbaijan, Baku / Trend / The President of Azerbaijan, Ilham Aliyev, approved Country's 2008 Public budget. The revenues part of the budget totaled AZN 7392500 thous and expenditure part - AZN 8518900 th (including centralized profits in amount of AZN 7134500,7 th, local profits - AZN 257999,3 th, centralized expenses - AZN 7605576,1 th and local expenses - AZN 913323,9 th).
Of the total amount of the 2008 budget expenses, AZN 4761.2mln will be directed towards the current expenses, AZN 3673.8mln - capital repair and AZN 83.9mln - expenses on credits.
The loans which will be allocated from the Public budget amount to 6000,0 th.
The amount of the funds for re-paying internal debts made up AZN 21001925,0 (including AZN 18575500,0 to pay off interest rates and AZN 2426425,0 - payment of main debts). AZN 174084908,0 will be directed towards paying off external debts (including AZN 93640380,0 for paying off interest rates and AZN 80444528,0 - main debts).
The budget deficit was determined at the level of AZN 1126400,0 th. Taking into consideration the profits of the State Oil Fund of Azerbaijan (SOFAZ), the deficit of the aggregate budget of the Country totals AZN 3303905,0 th. The expenses of 2008 budget amounts AZN 10192055,0 th.