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Azerbaijan reveals state budget surplus

Finance Materials 21 October 2022 11:27 (UTC +04:00)
Azerbaijan reveals state budget surplus
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 21. Surplus in the state budget of Azerbaijan amounted to 1.9 billion manat ($1.1 billion) from January through September 2022, Trend reports citing Azerbaijan's Finance Ministry.

According to the ministry, the revenues of Azerbaijani state budget exceeded 22.4 billion manat ($13.1 billion) from January through September 2022, which is 25.3 percent more than in the same period last year.

In turn, the state budget expenditures reached 20.47 billion manat ($12 billion) for the nine months of 2022 or by 97.3 percent of the projected amount, which is 15.6 percent, or 2.7 billion manat ($1.5 billion) more than in the same period last year.

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