According to the Azerbaijani State Statistics Committee, the country's state budget surplus was observed in January-February 2018. In January-February, the state budget revenues reached 2,609.5 million manat, expenses - 2,469.6 million manat. The state budget surplus worth 139.9 million manat is equal to 1.2 percent of the country's GDP.
Execution of state budget in January-February 2018
|
Jan.-Feb. 2018 mln manat |
Jan.-Feb. 2018 compared to Jan.-Feb. 2017, % |
Jan.-Feb. 2017 compared to Jan.-Feb. 2016, % |
|
|
Income - total |
2,609.5 |
110.1 |
99.5 |
|
Expenses - total: |
2,469.6 |
112.7 |
162.8 |
|
Deficit |
139.9 |
Source: State Statistics Committee and Finance Ministry
Azerbaijan's State Customs Committee transferred 445.75 million manats to the state budget in January-February 2018, which is 20.8 percent more than in January-February 2017.
Revenues from customs duties amounted to 219.66 million manats, revenues from value added tax (VAT) - 151.69 million manats, revenues from excise duty - 6.39 million manats, and revenues from highway-use tax - 2.6 million manats in February 2018.
Revenues from the customs duties increased by 16.8 percent, revenues from VAT - by 11 percent, revenues from the excise tax - by 19.2 percent and revenues from the highway-use tax - by 8.3 percent in February 2018 as compared to February 2017.
The forecast on customs revenues of Azerbaijan's state budget was 2.43 billion manats for 2018.