"In macro-fiscal forecasts, risks are assessed in base, optimistic, and pessimistic scenarios, and measures are planned to prevent them," Prime Minister of Azerbaijan Ali Asadov stated during the third reading of the draft law "On the State Budget of the Republic of Azerbaijan for 2025" in the Milli Majlis, APA reports.
The Prime Minister stated that the budget rule ensures macroeconomic stability, budget discipline, and the sustainable protection of the State Oil Fund's assets, and its annual operational targets are reviewed during the budget discussions in the Economic Council: "In general, many issues raised, including social-economic, monetary, and fiscal policies, state debt, the coordination of macroeconomic policies, and others, are reviewed in accordance with the Economic Council's annual Action Plan, with relevant decisions made and coordinated appropriately."
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