Azerbaijan’s state budget revenues totaled 33 billion 569.6 million manats in January-October, while expenditures came to 28 billion 761.4 million manats, according to the State Statistics Committee. Spending grew faster than revenue over the period.
According to Azerbaijan’s State Statistics Committee, state budget revenues rose 2.1% year-on-year in the first ten months of the year. Budget expenditures, meanwhile, climbed 3.8% over the same period, meaning spending outpaced revenue growth.
The gap between revenues and expenditures left the state budget with a surplus of 4 billion 808.2 million manats at the end of the ten-month period.
