BAKU, Azerbaijan, Dec. 22
By Zeyni Jafarov - Trend:
The revenues worth 44.8 million manat ($26.3 million) are planned to be transferred to the Azerbaijani state budget for 2021 from the budget loans, Trend reports with reference to the Azerbaijani Ministry of Finance.
This indicator shows an increase by 39.8 million manat that’s $23.4 million (9.1 times) compared to the forecast for this year.
This is also by 8.8 times or 39.7 million manat ($23.3 million) more than the indicator of 2019.
The reason for the growth is the registration of payments envisaged next year on budgetary funds received from the state budget by the Azerbaijan Railways CJSC.
In its statement, the finance ministry said that dividend receipts from enterprises with state shares in their shares are envisaged in the amount of 168.1 million manat ($98.9 million), which also shows an increase of 165.3 million manat ($97.2 million) compared to the approved forecast for 2020.
The growth is mainly envisaged through the payment of dividends in the amount of 120 million manat ($70.6 million) by the International Bank of Azerbaijan and 46 million manat ($27.06 million) by big state-owned companies.
The loans to the foreign countries are projected in the amount of 2.5 million manat ($1.5 million), receipts from using free residual funds - 5.7 million manat ($3.3 million) while income from fines is envisaged in the amount of 15 million manat ($8.8 million).
The funds worth 236 million manat ($138 million) are considered in total among other revenues to the state budget, which is by 144 million manat ($84 million) or 2.6 times more than the forecast for this year.
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