IMF: Increase of inflation in Azerbaijan this year will be related with extension of public expenditures

IMF: Increase of inflation in Azerbaijan this year will be related with extension of public expenditures
# 12 March 2013 10:54 (UTC +04:00)

According to him, the average annual inflation in the country is expected to make 3.4% this year.

For comparison to note that 2012-s inflation made 1.1%.

According to Almarzogi, due to increase of public expenditures, as well as operation of production powers in on-oil sector more and if no measures are taken, the inflation will reach abovementioned level.

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THE OPERATION IS BEING PERFORMED