Azerbaijan, Baku, Oct. 15 /Trend A.Akhundov/
Some 59.3 per cent of Azerbaijan's state budget revenues or 11.35 billion manat will be provided through transfers from the State Oil Fund of Azerbaijan (SOFAZ) in 2013.This was reported in the projects within Azerbaijan's state and free budget for 2013 and the following three years, published by the Ministry of Finance on Monday.
Some 33.4 per cent of revenues or 6.4 billion manat will be contributed by Ministry of Taxes, some 7.2 per cent or 1.4 billion manat by the State Customs Committee, 0.1 per cent, or 19 million manat from other income sources.
SOFAZ transfers will grow by 14.59 per cent in 2013 in comparison with the forecast for 2012 and 26.11 per cent in comparison with the factual indicators of 2011. Their share in total revenues of the state budget will be 59.3 per cent against 58.13 per cent in 2012 and 57.32 per cent in 2011.
Some 41.2 per cent of tax revenues or 2.64 billion manat will be provided through the state sector and some 58.8 per cent or 3.76 billion manat through the non-oil sector.
In total, the revenues from Ministry of Taxes in 2013 will exceed the forecast indicators of 2012 by 488.4 million manat, or 8.3 per cent, the factual indicators of 2011 by 928.1 million manat, or 17 per cent, tax revenues from the non-oil sector - by 480 manat, or 14.6 per cent and 879.7 million manat, or 30.5 per cent respectively.
Next year revenues from the State Customs Committee will exceed the 2012 forecast indicators by 180 million manat, or 15 per cent and the factual figures of 2011 by 238.5 million manat, or 20.9 per cent.
According to the forecasts, next year state budget income will hit 19.154 billion manat (34.2 per cent of GDP, forecasted for 2013) and exceed the forecasted figures of this year by 2.116 billion manat, or 12.4 per cent and the factual figures of 2011 by 3.453 billion manat, or 22 per cent.
The official exchange rate as of October 15 is 0,785 AZN/USD.