Preliminary forecast of the state budget of Azerbaijan for 2017 is announced

The Ministry of Finance published the preliminary forecast of Azerbaijan's state budget for next year. The revenue part will be 15 billion 955 million manat ;  expenditures - 16.6 billion manat at the alleged deficiency in 645 million manats. Traditionally, the largest share in the State Oil Fund (6.1 billion manat or 38.23%), which, however, will not prevent the country's president in May and June 2017 to issue a decree on the allocation of additional funds of this framework for the implementation of various projects. The Ministry of Taxes, presumably, will transfer to the treasury as a VAT  four  billion, and a tax on corporate income of 2 billion 68 million, the tax on individuals -... 1.14 billion, with excisable goods - 638 million, the simplified tax - 313 million manat.  State Customs Committee are listed as VAT on imports 1 billion 639 million. The expenditure part of the budget is as follows: the general state needs - 2 billion 997.7 million manat, to pay the national debt and the payment of liabilities - 1 billion 768 800 000, on the total defense spending - a little over 3.1 billion, the judiciary, prosecutors and law enforcement agencies - 1 billion 233.47 million, education - 1 billion 859.5 million, health care - 775 790 000; on social security, including pensions and benefits - 2 billion 117.72 million manat --17D-..

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