Azerbaijani minister: Revenue section of state budget-2012 to be executed at 100 percent
Azerbaijan, Baku, Nov. 6 / Trend A. Akhundov /
The Azerbaijani Finance Ministry has envisaged executing expenditures of the state budget as of 2012 at the level of 98 percent, Azerbaijani Finance Minister Samir Sharifov said while discussing the draft budget for 2013 and the next three years at a joint meeting of the five parliamentary committees today.
"The revenue part will be executed at 100 percent," Sharifov said.
The state budget revenues for 2012 are projected at 17.038 billion manat (36.5 percent of GDP) and expenditures - 17.672 billion manat (37.9 percent).
The official exchange rate is 0.7849 AZN/USD on Nov. 6.