In January-June of this year, 85 million manats in subsidies were allocated from the state budget to regulate the revenues and expenditures of the Nakhchivan budget.
Modern.az reports, citing the Chamber of Accounts, that this is 200.7 million manats or 70.2% less than the approved annual subsidy amount.
During the reporting period, excluding subsidies allocated from the state budget (85 million manats) and revenues from Targeted Budget Funds (TBF) (10.1 million manats), the total revenues of the Nakhchivan budget amounted to 118.1 million manats, and expenditures to 197.2 million manats. This resulted in a budget deficit of 79.1 million manats.
