BAKU, Azerbaijan, May 4
By Sadraddin Aghjayev - Trend:
The revenues of the Azerbaijani Ministry of Transport, Communications and High Technologies reached over 65.6 million manat ($38.6 million) in 2020, Trend reports citing the financial report of the ministry.
In accordance with the report, these indicators increased by 874,000 manat $514,117 (increase of 1.3 percent) compared to 2019.
Over 61.4 million manat ($36.1 million) and 4.2 million manat ($2.5 million) were attracted through exchange and over-the-counter transactions, respectively.
The expenses exceeded revenues by 0.13 percent or 87,127 manat ($51,251) in 2020.
The expenditures for paying wages and social insurance exceeded 5.7 million manat ($3.3 million), transactions for paying off debts, paying for goods and rendering financial assistance reached over 59.4 million manat ($34.9 million), depreciation and other expenses - over 553.7 million manat ($325.7 million).
The ministry's revenues exceeded 64.7 million manat ($38.05 million) while expenses - 63.9 million manat ($37.6 million) in 2019.
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