Contributions to reserve funds reduced by 2% in Azerbaijan

12:30 - 16.10.2023


October 16, Fineko/abc.az. In 2024, contributions to reserve funds in Azerbaijan will account for AZN 410 million or 1.1% of State Budget expenditures (2.3% less than the approved forecast for 2023), ABC.AZ reports with reference to the Ministry of Finance.

Including the Presidential Reserve Fund will still amount to AZN 300 million, and the Reserve Fund of the budget is 7.95% less – AZN 110 million.

Next year budget revenues will total AZN 34.17 billion, and budget expenditures — AZN 36.76 billion.