The meeting also focused on indicators of the consolidated budget for the next three years, the concept and projected indicators of the socio-economic development of the Republic of Azerbaijan for 2023 and the next three years, AzVision.az reports citing the Cabinet of Ministers.

Delivering a keynote speech at the meeting, PM Asadov paid tribute to the memory of the servicemen who heroically died while suppressing a large-scale provocation committed by the Armenian armed forces on the Azerbaijani-Armenian border and expressed deep condolences to their families and loved ones. It was noted that the entire responsibility for the tension lies with the military-political leadership of Armenia.

It was especially emphasized that strengthening the country's defense capability is one of the main and necessary issues facing the state. Strengthening the country's defense potential and the material and technical base of the army, providing it with modern military equipment and ammunition, as well as improving the social and working conditions of military personnel is one of the main areas of expenditure. The budget provides for this direction for the next year more than 5.3 billion manats.

It was also noted that, in general, the draft state and consolidated budgets for 2023 and the next 3 years were prepared in accordance with the strategy "Azerbaijan 2030: national priorities for socio-economic development", approved by the order of the head of state on February 2, 2021, and taking into account the goals contained in the "Strategy for socio-economic development for 2022-2026", approved by the head of state on July 22, 2022.

In the state budget for 2023, 5.2 billion manats were allocated to finance projects and activities provided for by the Strategy.

It was also emphasized that President Ilham Aliyev, during his speech at a meeting dedicated to the results of the six months of 2022, gave the government a number of instructions in connection with the preparation of the state budget for 2023, which were taken into account in the process of preparing the draft budget.

Speaking about the successful development of the country, the Prime Minister stressed that this positive trend has continued for the first 8 months of this year.

“Thus, over 8 months, economic growth increased by 5.8 percent, including in the non-oil sector - by 10.3 percent, in the non-oil industry - by 9 percent. Our foreign trade turnover is $35 billion,” he added.

Further, Minister of Finance Samir Sharifov made reports on the draft state budget of Azerbaijan for 2023 and the consolidated budget and indicators of the consolidated budget for the next three years, Minister of Economy Mikayil Jabbarov - with a report on the concept and forecast indicators of Azerbaijan's economic and social development for 2023 and beyond three years, Minister of Labor and Social Protection of the Population Sahil Babayev - on the draft budget of the State Fund for Social Protection of the Population of Azerbaijan.

It was decided to present these projects taking into account the voiced opinions and proposals to the President of the Republic of Azerbaijan.

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