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COUNTING CHAMBER SUBMITS REFERENCE TO PARLIAMENT ON DRAFT PUBLIC BUDGET FOR 2006

Business Materials 11 October 2005 16:34 (UTC +04:00)

The Azerbaijani Counting Chamber (CC) made examination of the public budget for 2006, the CC told Trend . The reference drew up in accordance with the law on the public budget system was discussed and approved at the next collegiums of the Chamber.

“The reference was submitted to the Parliament,” the CC underlined.

Besides, they considered the draft budget of the State Fund for Social Securities for 2006 and drew up reference in this regard.

The document has been submitted to appropriate instances.

On 23 September the Azerbaijani government adopted draft budget for 2006. The budget is as follows:

- revenues вЂ" 3,408,315,300 denominated manats (5000 AZM=1 ANM). 3,189,200 ANM falls to centralised revenues, 219,155,3 ANM - local ones.

- expenses вЂ" 3,566,315,300 denominated manats. 2,992,115,8 ANM falls to centralised expenses, 574,199,5 - local ones.

- budget deficit -158m ANM.

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