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Baku/26.09.23/Turan: The Ministry of Finance announced a significant increase in both revenues and expenditures of the state budget for 2024, which will amount to 408.0 million manats, respectively.
The decision to boost these financial parameters was made by the Cabinet of Ministers. Revenues for the upcoming fiscal year are now projected at 34 billion 173 million Manats, while expenses are expected to reach 36 billion 763 million Manats. However, the specific details regarding the adjustments to revenues and expenses have not been disclosed in the official statement.
In the earlier version of the budget, revenues were initially anticipated to be 33 billion 765 million Manats, with expenditures projected at 36 billion 355 million Manats.
In the fiscal year 2023, the state budget recorded revenues of 33 billion 779.5 million Manats and expenditures totaling 36 billion 568.8 million Manats, providing context for the notable changes introduced in the 2024 budget.--0--
Economics
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