The Project of 2007 State Budget will be discussed at the fall session of Milli Medjlis [Azerbaijani Parliament]. The document comprised of three parts has already been given to the deputies. After they get familiarized with the project, they will express their attitude towards the proposal of the Permanent Economic Policy Commission of the Parliament. It should be mention that the document will be discussed by the above-mentioned commission, and later will be presented to the discussions in the parliament, Trend reports.
The President of Azerbaijan Ilham Aliyev has confirmed and sent the project of 2007 State Budget to the Parliament. The income part amounts to AZN 5335700 thousand and expenditure part AZN 5714700 thousand in the 2007 State Budget. The centralized revenues of the budget have been confirmed in amount of AZN 5169173,9 thousand., local revenues AZN 166526,1 thousand., centralized expenditures AZN 4986594,8 thousand., local expenditures AZN 728105,2 thousand. In the expenditure part of the 2007 budget, AZN 3548,3 mln is made up by the current expenses, AZN 2122,4 mln main expenses, AZN 44 mln expenses related to the credit services and interests.
The maximum level of the deficit of the State Budget has been confirmed at the level of AZN 379,000, which will be financed through the incomes from privatization, placing the state loan securities in and out of the country and from other sources.