Income and expenses of the State Service for Property Issues decreased

Income and expenses of the State Service for Property Issues decreased
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  • 11.05.2023 10:04:00
  • 1 min read

In 2022, the income of the State Property Service under the Ministry of Economy amounted to 74.196 million manat.

Report informs referring to the financial report of the institution, this is 22.9% less than in 2021.

62.559 million manats or 84.3% of the income of the Civil Service was received from over-the-counter transactions, that is, deductions from the state budget. This is 21.6% less than last year.

During the reporting period, the income of the State Service from stock exchange operations decreased by 26% - to 11.502 million manats, and other income - by 6.3 times - to 134 thousand manats.

The expenditures of the Civil Service last year were 7.3% less than in the previous year - 65.031 million manat. Including the costs of the Civil Service for wages and contributions to compulsory state social insurance increased by 12.3% - up to 22.228 million manat.

source: report.az

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