State enterprises’ debt to budget decreased almost by 3%

17:44 - 23.05.2023


May 23, Fineko/abc.az. The debt of public sector enterprises to the State Budget decreased almost by 3% in Azerbaijan in 2022.

ABC.AZ reports that this is stated in Accounts Chamber’s conclusion on Draft Law on the Execution of State Budget 2022 and the Annual Report on the Execution of State Budget 2022.

According to the document, last year, as part of the revenues provided to the State Budget through the State Tax Service under the Ministry of Economy, the share of taxpayers owned by the state amounted to AZN 4.105 bn, the share of taxpayers privately owned – AZN 4.06 bn, the share of taxpayers belonging to other property (foreign, joint, municipal, international) – AZN 7.37 bn.

The increase of revenues from the public sector occurred because the budget debt on this sector decreased by AZN 6.7 million or 2.6% up to AZN 254.2 million, and the amount of overpayment grew by AZN 76.1 million or 18.3% up to AZN 491 million.

At that, the execution of receipts transferred to the State Budget in 2022 by taxpayers who are state-owned, compared with real calculations, made up 96.6%.