OREANDA-NEWS. April 16, 2010. At government’s session minister of taxes Fazil Mammadov informed that in the first quarter budget implementation on revenues totaled AZN 2.446 bn or 104% of the revenue forecast for the reported term and expenditures reached AZN 1.979 bn.

“Budget revenues from the Ministry of Taxes totaled AZN 1.009 bn and transfers from the State Oil Fund AZN 1.225 bn,” the minister said.

Other sources received only 6.1 million to the country’s budget.

For the past quarter budget expenditures reached AZN 669 million and expenditures on economy AZN 1.636 bn.