Public budget of Azerbaijan (January-April 2016)

According to the Azerbaijani finance ministry, the revenues of the country's state budget hit 3.678 billion manat in January-March 2016, while expenditures - 2.623 billion manat.

The revenues of the country's state budget hit 3.678 billion manat in January-March compared to the forecast worth 3.571 billion manat, that is 3 percent more than the forecast.

The ministry of taxes ensured transferring 1.542 billion manat to the state budget, which is 101.4 percent more than the forecast. Some 78.5 percent or 1.211 billion manat account for the income from the non-oil sector, which is nine percentage points more than in January-March 2015.

The State Customs Committee ensured transferring 416.9 million manat to the budget, which is 114.8 percent more than the forecast. Some 74.9 million manat were transferred to the state budget through the customs bodies, which is 21.9 percent more than in January-March 2015.

Some 47.5 million manat account for revenues from paid services of the organizations financed from the state budget, 11.7 million manat - income from other sources.

SOFAZ's transfers to the state budget hit 1.660 billion manat.

Some 73.3 percent or 2.623 billion manat accounted for the state budget expenses during this period.

Some 1.427 billion manat or 54.4 percent of the state budget expenses were directed to social spheres (the payroll fund, pensions, social benefits, food and medical expenses) in January-March 2016, which is by 3.8 percent or 52 million manat more than in January-March 2015.

The surplus of the country's state budget amounted to 1.055 billion manat in January-March 2016.

The revenues of the consolidated budget amounted to 4.473 billion manat in January-March 2016, expenditures - 3.348 billion manat. The surplus of the consolidated budget amounted to 1. 125 billion manat.

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