Final Report of Ministry of Finance on Execution of State Budget - 2015
The Ministry of Finance of Azerbaijan has published the final report (http://maliyye.gov.az/sites/default/files/2015%20hesabat.pdf) on the execution of the state budget for 2015.
According to official data, the country's GDP even against two-time devaluation of the manat decreased by 4.5 billion in comparison with the indicators of 2014, reaching 54.4 billion AZN with an average price of Azeri oil at $ 53.7 per barrel.
Industry accounted for 18.4 billion (33.9% of GDP), the service sector, including social programs - 39.4%, the construction, including the state capital investments - 12.1%, VAT - 8.3%, agriculture, forestry and fishery - 6.2%.
In 2015, the income of citizens (41.7 billion manats) per capita totaled AZN 4,380.1, 72.1% of which was directed to the final consumption, 15.9% - to the growth of savings and capital, 9.1% - to the payment of taxes and compulsory social insurance contributions, and 2.9% - to the payment of interest on loans. --17D-
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review