Thereafter, the Finance Minister Samir Sharifov said that macroeconomic forecasts and global economic processes in 2017-2020 have been considered while preparing the draft state budget for 2017.
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Azerbaijani parliament discussing 2017 state budget
30 November 2016
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Azerbaijan’s state budget for 2017 is being discussed at the joint meeting of the parliament’s Standing Commissions on Economic policy, Industry and Entrepreneurship, Natural Resources, Energy and Ecology Affairs, Defense, Security and Combating Corruption, Agrarian Policy, Public Unions and Religious Organizations.
Chairman of Standing Commission on Economic policy, Industry and Entrepreneurship Ziyad Samadzade said that the global processes affected Azerbaijan’s economy: “Decline in oil price reduced Azerbaijan’s revenues. Reasonable policy reduced these affects to the minimum. According to the tasks of President Ilham Aliyev, regular measures are taken to deepen the economic reforms, develop non-oil sector. Due to objective reasons, the state budget for 2017 was put up for discussion at the parliament late. However, realities and reserves for future have been considered in the documents in the budget package”.
Thereafter, the Finance Minister Samir Sharifov said that macroeconomic forecasts and global economic processes in 2017-2020 have been considered while preparing the draft state budget for 2017.
Thereafter, the Finance Minister Samir Sharifov said that macroeconomic forecasts and global economic processes in 2017-2020 have been considered while preparing the draft state budget for 2017.
