Specific Weight of State Budget in Total Capital Investments to Be AZN 3 Billion 654.4 Million in 2017
According to the preliminary forecast of the consolidated budget of Azerbaijan for the next year, published by the Ministry of Finance, the specific weight of the state budget in the total capital investments will amount to 3 billion 654.4 million AZN in 2017.
Of this, AZN 560 million will be allocated to increase the authorized capital of the State Oil Company (SOCAR) through its participation in the project Southern Gas Corridor, AZN 1.3 billion will be spent on "priority investment projects" not disclosed by the Finance Ministry, and AZN 1 billion 796.4 million will be spent on "special public procurement" in the social and domestic, administrative, repair and construction, and other areas. --17D-
Economics
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