Public budget of Azerbaijan (January-May 2010)

The Public budget income comprised 4096.2 million manats, or 24.8 percent of GDP in January-May 2010. This index increased by 1.8 percent, compared to the same period in 2009, the government said.

Public budget expenditures decreased by 1.7 percent and made up 3559.1 million manat (21.5 percent of the GDP). The surpluses of the budget totaled 537.1 million manat (3.3 percent of GDP).

The Taxes Ministry remitted 41.9 percent of all income, or 1715 million manat to the Public budget. The State Customs Committee remitted 365.5 million manat (with a special weight of 8.9 percent) in taxes and duties to the public budget and other sources- 2015.7 million manat (49.2 percent).

In this period a total of 754.8 million manats was obtained from VAT, or 18.4 percent of all income, 640.6 million manat (15.6 percent) - profit taxes, 221.7  million manats (5.4 percent) - income taxes, 164 million manat (4 percent) - excise taxes, 35.8 million manats (0.9 percent) - property taxes, and 54.2 million manats (1.3 percent) -royalties and 109.8 million manat (2.7 percent) -taxes from foreign economic activities.

In January -May 2010, the public budget expense for social security and provision of people comprised 531.9  million manats (with a weight of 14.0  percent), 412.9 million manat (11.6 percent) was spent on education, 131.6  million (3.7 percent) - health, 228/7 million (6.4 percent) - maintenance of prosecutor bodies, security and law-enforcement and court bodies, 1378.1 million (38.7 percent)- investment allocations, 68.1 million (1.9 percent) - housing and communal services, 112.8 million (3.2 percent) - agriculture, fishing, 18.4 million manat (0.4 percent)- transport and communications, and 33.8  percent (1203.8 million manats) of Public expenses were spent on the payment of salaries, pension and allowances.

Execution of public budget in January-May 2010

Articles

January-May 2010

Specific weight, %

In relevant to January-May 2009, %

Execution,

mln manat

As a result

In GDP

Incomes in total;

4096.2

100.0

24.8

102.5

Including:

Income taxes from population 

221.7

5.4

1.3

92.9

Profit taxes

640.6

15.6

3.9

141.6

Land taxes

15.8

0.4

0.1

159.6

Property taxes

35.8

0.9

0.2

101.7

VAT

754.8

18.4

4.6

87.9

Excises

164.0

4.0

1.0

167.5

Tax for natural wealth

54.2

1.3

0.3

2,1р

Tax on external economic activities

109.8

2.7

0.7

115.9

Including:

Import duties

73.8

1.8

0.4

87.3

Other taxes

37.4

1.0

0.2

101.9

Other incomes

2062.1

50.3

12.5

96.2

Expenses in total:

3559.1

100.0

21.5

97.3

Including:

State expenses

295.7

8.3

1.8

106.8

Including:

Membership fees to the international organizations

7.6

0.2

0.0

2,0d

Maintenance of legal authorities, law-enforcement bodies, security and prosecutor bodies

228.7

6.4

1.4

104.4

Education

412.9

11.6

2.5

103.7

Health

131.6

3.7

0.8

101.8

Social security and social provision

531.9

14.9

3.2

114.6

Culture, arts, physical culture, and religious activities

56.2

1.6

0.3

110.2

Expenses on economy

1378.1

38.7

8.3

84.4

Including:

Housing and communal economy

68.1

1.9

0.4

113.3

Agriculture, forestry and fishery

112.8

3.2

0.7

110.4

Industry and construction

1118.3

31.4

6.8

80.1

Transport and communications

18.4

0.5

0.1

74.8

Other expenses

524.0

14.8

3.2

107.9

Surpluses

537.1

-

3.3

-

Source: State Statistics Committee and Ministry of Finances

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