The Law of the Republic of Azerbaijan on the Execution of the State Budget of the Republic of Azerbaijan for 2020 was adopted by Milli Majlis on June 8, 2021. According to this law[1], the state budget revenues in 2020 amounted to 24,681.7 million AZN ($ 14,518.6 million), state budget expenditures amounted to 27,492.2 million AZN ($ 16,171.9 million). 16,656.9 million AZN or 63.1% of the state budget expenditures for 2020 were spent on current e...

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