Bank Of Baku

Azerbaijan may be defer some state budget- funded projects

Azerbaijan may be defer some state budget- funded projects
# 30 April 2009 13:51 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. In connection with the amendments to the 2009 state budget blueprint, Azerbaijan may drop some spending items, said Ziyad Samedzade, chairman of a parliamentary commission for economic policy.

According to him, a number of projects that are not of great importance for the country may be reviewed.

“I thin k it is possible to postpone certain projects that is not very urgent. Some projects may be delayed,” he added.

Azerbaijan’s 2009 state budget predicts revenue of AZN 12 177 million and expenditure of AZN 12 355 million.
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