"During the preparation of the draft budget for next year, the main directions of budget policy included supporting sustainable economic growth, maintaining macroeconomic stability, fully financing public welfare and social measures, strengthening our country's defense capability and security, developing the Garabagh and East Zangezur economic regions, expanding the application of digital technologies and innovations, accelerating the development of the real sector, and ensuring financial support for other measures," Deputy Minister of Finance Himalay Mamishov said during today's joint meeting of the Milli Majlis Committees on Youth and Sports, Public Associations and Religious Organizations, and Culture, while discussing the draft law "On the State Budget for 2027," APA reports.
He said that the macroeconomic forecast indicators were taken into account in calculating the state and consolidated budgets for next year, including an average annual export price of USD 65 per barrel of crude oil, average annual inflation of 5.3%, and an exchange rate of AZN 1.7, while real growth of 2.7% in gross domestic product and 4.4% in non-oil gross domestic product were taken as the basis.
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