Project to Increase Azerbaijani State Budget Submitted to Parliament

Business Materials 28 April 2008 16:54

Azerbaijan, Baku, 28 April / Trend corr. I.Alizade / The Azerbaijani Parliament will consider the issue on the recurrent increase in the State Budget for 2008 on 2 May. "The project to introduce changes into the State Budget for 2008, was submitted to Parliament," Vahid Ahmadov, a member of the standing Parliamentary Commission on Economic policy, stated to Trend .

The document states that the new budget income is AZN10.287 bln and expenditures AZN10.530 bln. Previously, the Azerbaijani Budget income for 2008 was approved at the rate of AZN 7.393 bln and expenditure at AZN 8.109bln. If the new changes are approved then the income of the Azerbaijani budget for 2008 will increase by 43% and expenditure - by 26%.

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