Bank Of Baku

Azerbaijani gov’t discusses 2017 state budget

Azerbaijani gov’t discusses 2017 state budget
# 22 September 2016 16:31 (UTC +04:00)

According to the press service of the Cabinet of Ministers, delivering keynote speech, Artur Rasizade said that the draft state budget for 2017 has been prepared on the basis of global financial and economic processes, achievements gained as a result of successful economic policy conducted by Azerbaijani President Ilham Aliyev. Moreover, factors such as improvement of material well being of the population, provision of defense and security of the state, especially support to non-oil sector have been taken into account while preparing the draft state budget.

 

Later on, the Ministers of Finance and Economy Samir Sharifov and Shahin Mustafayev made speeches about the issues on agenda.  

 

At the end of discussions, it was decided to submit the budget package, which includes “Draft state and consolidated budgets for 2017 and figures of consolidated budget for next 3 years, as well as the concept of socio-economic development and the forecast figures of Azerbaijan for 2017, to the Azerbaijani President in accordance with the law on “Budget system”. 

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