Forecast for 2018-state budget of Azerbaijan revealed

Baku, Azerbaijan, Oct. 20 Trend: Revenues of the state budget of Azerbaijan for 2018 is forecasted in the amount of 20.127 billion manats, including centralized incomes worth 19.476 billion manats and local incomes worth 650.671 million manats, and expenditures in the amount of 20.905 billion manats, including centralized expenses worth 20,182 billion manats, and local - 724,092 million manats. The draft law "On the state budget for 2018" is published in the official print Oct 20. The maximum deficit of the state budget was determined at the level of 778.7 million manats. The state budget deficit defines the following sources of finance: internal and external finance, the balance of the single treasury account as of January 1, 2018, with the total amount of 749.7 million manats, the grant of the European Union - 29 million manats.