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BAKU: 2005 budget expenses to exceed $2bn

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  • BAKU: 2005 budget expenses to exceed $2bn

    2005 budget expenses to exceed $2bn

    AzerNews, Azerbaijan
    Nov 11 2004

    The 2005 state budget expenses will constitute $2.030 billion,
    representing an increase of $456 million from 2004, Minister for
    Finance Avaz Alakbarov has told journalists.

    Alakbarov said that as a result of reforms conducted in the country,
    per capita budget expenses have increased 2.4 times over the last 5
    years to make up 1.2 million manats, or $244.

    The minister emphasized that per capita budget expenses make up $72
    in Moldova, $69 in Kyrgyzstan and Tajikistan, $179 in Armenia, $153
    in Georgia and $129 in Ukraine.
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