Next year, 70% of budget to be directed for social programs

16:47 - 6.11.2023

November 6, Fineko/abc.az. Construction and restoration work has been carried out at high pace on our liberated lands over the past 3 years.

ABC.AZ reports that Minister of Finance Samir Sharifov said at discussions on Draft State Budget 2024 at a joint meeting of the Milli Majlis Committees on Youth & Sports, Labor & Social Policy, on Agrarian Policy, on Regional Issues and on Natural Resources, Energy & Ecology.

The minister informed that defense & national security expenditures are included in the priority expenditures of the State Budget next year: "It is planned to allocate 4 billion manats for the State Program of Great Return and 249 million mantas for the Program of Socio-Economic Development of Nakhchivan. Up to 70% of the expenditure part of the budget is directed to social programs, here speech is about 15.773 billion. Compared with the 2023 same term, these expenses are increased by 47%."