Why is the budget per capita less than the neighbor in the ‘oil kingdom’… |
Next year Azerbaijan state budget expenses in the project 33.3 billion (income 30.72 billion) manat is indicated. This is 1 compared to 2022 billion, compared to 2021, it is 5.9 billion manats more. Officials say that the revenues and expenses of the 2023 state budget are the highest in the country’s history. But some experts believe that compared to many countries Azerbaijan the expenditure part of the state budget is not that big according to the population.
Economist Natig Jafarli told RFE/RL that according to international standards, Gross Domestic Product (GDP) per capita is taken as the basis for such calculations: “According to GDP per capita Azerbaijan It is slightly ahead of Armenia. Also social there is the issue of costs. Armenia 25 percent of the budget social is directed to expenses, and in our case, about 40 percent of the budget is directed to these expenses. But our problem is related to its transparency and accessibility.”
According to him, the other issue is that Armenia in the budget “Mountain Karabakh The money is also allocated for the Republic of Armenia: “We have to deduct the 370 million dollars provided in the budget for the so-called institution from the expenses of Armenia to its own population. If we do this, the costs of the two countries will be more or less the same.”
But N. Jafarli also believes that Azerbaijan since it is a country rich in energy resources, its budget should have been bigger: “The problem is that we have dollars In his statement, the budget was higher until 2012-2013. In 2013 dollars in the statement, our budget is 24 billion dollars was, and now it is about 19 billion. This is the effect of devaluations.” (As a result of devaluations in 2015, the manat lost its value twice)
According to the State Statistics Committee, in 2022 in Azerbaijan january– In September, the GDP per person of the population was equal to 9 thousand 748.9 manats. This means a 55.3 percent increase compared to last year.
According to the State Statistics Committee, in 2022 in Azerbaijan january– In September, the GDP per person of the population was equal to 9 thousand 748.9 manats. This means a 55.3 percent increase compared to last year.
The minister said in the budget discussions that…
Finance Minister Samir Sharifov today, November 3 National During the discussion of the budget project in the parliament, he said that in the last five years Azerbaijan current expenses increased by 11 billion manats.
According to him, at the same time, it is necessary to take into account the changes that occurred during this period: “In 2019, we social we have gone to a significant increase in costs. All of these directly affected the growth of those costs. Most of those increases – more than 5 billion manats – are related to the payment of labor and other social costs.”