Expenditures of the state budget in the first quarter of 2022 amounted to 5629.5 million manat, which is 1.9% more than the same period last year

APA-Economics reports quoting the Monetary Policy Review of the Central Bank of Azerbaijan that in January-March 2022, public spending played an important role in supporting domestic demand.

In the first quarter of this year, social expenditures (labor fund according to the economic classification, pensions and social benefits, medicine and food expenditures) amounted to 2774 million manat, which is 49.3% of actual expenditures of the state budget, which is the same period last year. compared to 122.4 million manat or 4.6% more than in the previous year.

68.7% of investments in fixed assets were formed from domestic sources and 31.3% from external sources.