TODAY.AZ / Business

Armenian State Budget to be one-fourth of Azerbaijan's

28 September 2006 [16:26] - TODAY.AZ
Armenian Government has approved the Draft State Budget for 2007 and submitted it to the Parliament. The incomes and expenditures of the State Budget are forecasted to be $1.545bn and $1.725bn respectively.

The budget deficit will make at least $180mn, APA reports.

The Budget will increase by 18.3 and its expenditure will increase by 15.6% as against 2006's.

Azerbaijani Government has also approved the Draft State Budget and submitted it to President Ilham Aliyev.

Azerbaijan's State Budget for 2007 is forecasted to be $6bn.

URL: http://www.today.az/news/business/30771.html

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