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Minister: Azerbaijan doesnâ€™t change oil price in 2009 state budget

Minister: Azerbaijan doesnâ€™t change oil price in 2009 state budget

10 May 2009 10:51 (UTC +04:00)

According to him, the bill on amendments and additions to 2009 state budget blueprint is also ready.

In his words, there is no need to change the price of oil in 2009 state budget.

Previously, officials said a budget revision is possible in May-June as the main financial document was based on a price of $70 per barrel versus current prises of around $50.

The 2009 state budget envisions revenue of AZN 12 177 million and expenditure of AZN 12 355 million.

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