Bank Of Baku

Revised draft budget submitted to president - Samir Sharifov

Revised draft budget submitted to president - Samir Sharifov
# 01 February 2016 13:10 (UTC +04:00)

The minister resembled that according to the revised budget, the base price of oil makes $25 a barrel: “As is known, the 2016 state budget had been based on an oil price of $50 per barrel. However, sharp decline in crude oil price reduced budget revenues. Therefore, the base price of oil in the revised budget makes $25 a barrel”. 

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