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.
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