Bank Of Baku

Azerbaijan will not revise 2009 state budget blueprint

Azerbaijan will not revise 2009 state budget blueprint
# 29 May 2009 10:03 (UTC +04:00)
“The bill on amendments and additions to its 2009 draft budget had been expected to come to the parliament, but this didn’t happen. This is a normal process,” he added.

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.

Oil prices keep rising on world markets.

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