Surplus forms in State Budget — Revenues exceed expenses

16:05 - 23.04.2024

April 23, Fineko/abc.az. State Budget revenues in the 1st quarter of 2024 amounted to 9.234 bn manats and expenses — 8.412 bn manats.

ABC.AZ reports with reference to the Ministry of Finance that State Budget surplus of 821.7 million manats has been formed.

Excluding State Oil Fund’s transfer to the State Budget, the budget revenues amounted to 6.039 bn manats, an increase of 12.9%.

State Budget revenues for Q1 of 2024 reached 9.234 bn manats against the forecast of 8.544 bn manats (689.5 million manats, or 8.1% more than the forecast and 11.4%, or 944.3 million manats more against Q1 of 2023).