Azerbaijani President Ilham Aliyev approved the budget for 2014 yesterday, Trend reports.
Income of the 2014 budget will total 18.384 billion manats (including 17.601 billion manats of centralized income, 782.424 million manats of local income), expenses will total 20.063 billion manats (including 18.433 billion manats of centralized expenses, 1.629 billion manats of local expenses).
The presidential decree on the budget will come into force on January 1, 2014.
According to the December 20th currency exchange rate, 1 manat = $1.2767.
