Azerbaijan's consolidated budget surplus exceeded $ 5 million
In January-September 2024, receipts to the consolidated budget of Azerbaijan totalled AZN 37,141.5 million, and deductions from the budget - AZN 28,472.2 million. This was reported by the Ministry of Finance.
According to the data, they are up by 0.7% and 9.9% from the same period of 2023 respectively.
The consolidated budget ended up with a surplus of AZN 8,669.3 million or $ 5,099.6 million, down 21.1 % from a year ago.
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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