Azerbaijani Parliament ratifies draft state budget for 2023

Azerbaijani Parliament ratifies draft state budget for 2023

9 December, 11:59 Share on social media:

The Azerbaijani Parliament has adopted the bill on the State Budget for 2023 in the third reading.

According to the bill, the budget revenues are predicted at 30,773,978,000 manats (approximately $18.1 billion) and expenditures at 33,353,278,000 manats (approximately $19.62 billion).

The upper limits of Azerbaijan's internal public borrowing for 2023 will be 1,300,000,000 manats ($0.76 billion), and the external public borrowing - 750 million manats ($441.18 million).

The upper limit of the deficit is expected to be 2,579,300,000 manats (approximately $1.52 billion).

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