Minister of Finance of the Republic of Azerbaijan Samir Sharifov made a business visit to the Islamic Republic of Pakistan, the United Arab Emirates (UAE) and India on February 19-21***As of January 1st, 2018, the external public debt of the Republic of Azerbaijan constituted 9,398.3 million US dollars (equivalent 15,978.1 million manat). The Debt to the Gross Domestic Product ratio stands at 22.8 percent (based on 2017 GDP of AZN 70,135.1 mln)******

Milli Majlis of the Republic of Azerbaijan adopted the draft state budget for 2018 of the Republic of Azerbaijan

Milli Majlis of the Republic of Azerbaijan adopted the draft state budget for 2018 of the Republic of Azerbaijan

01.12.2017

The draft Law of the Republic of Azerbaijan on the “State Budget for 2017 of the Republic of Azerbaijan” was adopted by the Milli Majlis of the Republic of Azerbaijan.
Incomes of the state budget for 2018 account for 20,127.0 mln. manat, while its expenditures make 21,047.0 mln. manat. The budget deficit is 920.0 mln. manat.