TODAY.AZ / Business

Bill “On the state budget of 2006” was recommended to the parliament

08 October 2005 [13:54] - TODAY.AZ
The bill “On the state budget of 2006” was discussed with participation of the Economic policy, Agrarian policy, Science and education, Law policy and state construction questions, Social policy and other commissions of Milli Majlis yesterday.
The deputy-minister of finance Azer Bayramov gave information about the bill. According to his words, incomes and expenses of the budget of the next year form 3.4 and 3.6 milliard manats respectively. Centralized incomes form 3.2 milliard manats and local incomes 219 million manats. A.Bayramov informed that incomes of the state budget increased 30 % in comparison with the last year.

A.Bayramov saying that there is growth in taxes within incomes too, informed that incomes of the state budget form 23.5 % of the Gross Domestic Product (GDP) and this is a quite large number. The deputy-minister of finance also said that one barrel of oil had been determined $ 40.

A.Bayramov noted that the growth of the budget is formed mainly at the expense of oil incomes and informed that 58 % of collections fall to share of the Ministry of Taxes and 37 % of the State Customs Committee: “During preparation of the budget project of the next year, questions arising from the respective decree of the president on strengthening anti-inflation measures were paid attention to”.

The minister of communication and information technologies Ali Abbasov made a speech in the sitting and considered important to increase 1.6 million manats means allocated for the “Azerpost” State Enterprise in the state budget of the next year. The minister informed that if this growth is not realized, “Azerpost” will work at a loss. The bill was recommended to the parliament after the discussions.

/APA/

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