Azerbaijan sees nearly eightfold increase in state budget surplus

18:00 | 05.07.2022
Azerbaijan sees nearly eightfold increase in state budget surplus

Azerbaijan sees nearly eightfold increase in state budget surplus

The income of the state budget of Azerbaijan in the first half of 2022 made up 14.205 billion manats ($8.36 billion), and expenditure stood at 12.936 billion manats ($7.61 billion), respectively, up 20.8% and 11.6% from a year earlier. 

Consequently, the surplus amounted to 1,268.9 million manats ($0.75 billion), 7.7-fold more than the previous year.

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