Bank Of Baku

Azer Bayramov: “Azerbaijan will continue financing of investment projects from the state budget next year”

Azer Bayramov: “Azerbaijan will continue financing of investment projects from the state budget next year”
# 02 November 2011 08:40 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Discussion of draft budget-2012 at the Parliament will be started at the end of the month, Deputy of FinMinister Azer Bayramov said.

To him, compared to last year, the growth in draft budget is planned at the level of growth in non-oil sector: “Salaries have been increased in several spheres in the second half of this year. As a continuation of this year’s strategic goals, this process ill be continued within the next year too”.

Bayramov noted that, several social costs have been considered in the draft budget: “The financing of investment projects will be continued. The purpose – to complete the already started investment projects, as well as infrastructure projects”.
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