2006 public budget of Azerbaijan to increased to 350m AZM Azeri PM
The changes to the 2006 public budget have not been officially submitted to the Cabinet of Ministers, while it is expected to rise 350m manats. Artur Rasizade, the Azerbaijani Prime Minister, journalists on 11 May, Trend reports. For the time being it would be too premature to speak about the directions of rise, he indicated.
As a result of increase of 2006 public budget revenues the deficit will be liquidated itself, Rasizade underlined. The government is thinking over correction of oil prices in the public budget from $40 to $50 per barrel, the PM underscored
Following a rise in public budget expenses for military purposes will not be increased, though the expenses for will be mainly raised for financing the investment projects and indirect subsidies. The 2006 public budget envisages 1,677trln manats (335.4m manats), and the mutual settlements in this amount can be carried out Azerenergy and this companys debts to the public budget.
In 2006 the public budget incomes are forecasted to 3,406,315m manats, while expenses 3,594,315m manats.