Azerbaijan pays off about AZN 400M of its debt 

In the first quarter of 2021, expenditures of the state budget amounted to AZN 5,523.7 million, up AZN 269.1 million or 5.1% in comparison from the previous year, Report informs, referring to Finance Ministry.

According to the Ministry, the forecast (AZN 5,414.8 million) was fulfilled by 102%.

In the structure of the expenditures, AZN 4,020.5 million or 72.8% was spent on current expenses (up AZN 194.9 million or 5.1% from a year ago), AZN 1,105.7 million or 20% - on capital expenses (+AZN 80 million or 7.8%), AZN 397.5 million or 7.2% - on public debt and liabilities.

In accordance with the economic classification, 48% or AZN 2,651.6 million of the budget expenditures was directed to social expenses, which is AZN 131.8 million or 5.2% higher than last year.