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Two more local budgets free from subsidies from the center
In 2014, the city of Mingachevir and the Imishli district will join the regions that fully cover their costs at the expense of local revenue. In any case, it is included in the draft state budget for next year.
In 2014, the expenditures of local budgets will amount to 1 billion 629 million manat, which is 7.6 % higher than the figure for the current year. The share of local expenditure in total expenditure of the state budget will amount to 8.1%. In this case, the amount of subsidies from the state budget to local budgets will amount to 52.1 % of their costs. Subsidies will be reduced by 1.8 %.
The main part of local budgets (958.6 million or 58.8 %) will account for education (+8.4 %). Health care from the local budgets will be allocated 249 million manat (+6.8 %), and housing and communal services will be allocated 236.8 million manat (8.9 %).
For the maintenance of the local authorities, 87.5 million manat will be allocated. For comparison, the grants to municipalities in 2014 are provided at the level of 5.2% this year.
Currently, there are self-funded budgets in the cities of Sumgait and Shirvan and in the Absheron region. -08D-
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- Politics
- 8 October 2013 15:10
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- Want to say
- 8 October 2013 16:16
Economics
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After the price increase of Ai-92 gasoline and diesel fuel in Azerbaijan at the beginning of July this year, some drivers are complaining about increased fuel consumption. They claim that they used to cover longer distances with the same amount of fuel before.
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
Azərbaycanda deputat olmaq həvəsi... - Anar Əsədli Çətin sualda
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