[ad_1] The South Korean ruling party and the government have agreed to draw up the biggest ever annual state budget of 605 trillion won ($518.7 billion) for 2022 to finance the country’s efforts to tackle the COVID-19 crisis, Report informs referring to The Korea Times. This represents a slight increase from this year’s budget of… Continue reading S. Korean authorities agree on record budget for 2022
Tag: budget
Azerbaijan’s budget surplus exceeds AZN 367M
[ad_1] In January-July 2021, the state budget revenues amounted to AZN 14,049,300,000, budget expenditures made up AZN 13,681,600,000, respectively, down 0.6% and 3.3% from the previous year. Report informs, citing State Statistical Committee (SSC), that the budget surplus amounted to AZN 367.7 million. [ad_2] https://report.az/en/finance/azerbaijan-s-budget-surplus-exceeds-azn-367m/
Azerbaijan’s Customs Committee posts 3% increase in budget transfers
[ad_1] In January-July 2021, the State Customs Committee (SCC) transferred AZN 2,424,033,000 to the state budget, marking an increase of 2.7% from the previous year, the Committee told Report. In the reporting period, revenues from customs duties increased by 15.6% to AZN 657.017 mln, from value-added tax (VAT) decreased by 2.5% to AZN 1,649.757 mln,… Continue reading Azerbaijan’s Customs Committee posts 3% increase in budget transfers
US budget deficit to hit $3 trillion
[ad_1] The US federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a Congressional Budget Office estimate released July 1, Report informs. Federal government expenditure is projected at $6.8 trillion and revenues at $3.8 trillion. In particular, the $1.9 trillion coronavirus relief package, adopted at… Continue reading US budget deficit to hit $3 trillion