BAKU, Azerbaijan, April 18. The revenues of the general budget in the first quarter of 2023 amounted to over 15.5 billion manat ($9.1 billion), the Ministry of Finance of Azerbaijan told Trend.
The ministry pointed out that revenues have almost doubled increasing by 7.5 billion manat ($4.4 billion) compared to the same period in 2022.
"The total budget expenditures amounted to almost 7.4 billion manat ($4.3 billion) year-on-year with an increase of 18.7 percent, which is 1,17 billion manat ($688 million). At the same time, the total budget surplus amounted to 8 billion manat ($4.7 billion)," the ministry added.
In addition, the state budget surplus in the reporting quarter of this year amounted to 1.7 billion manat ($1 billion). Moreover, while state budget revenues amounted to 8.2 billion manat ($4.8 billion), expenditures amounted to 6.5 billion manat ($3.8 billion).
