He noted that the government also appraises, researches oil price decline over 40% in a short-run and instability and indefiniteness in the raw material markets and will take relevant measures in this regard.
Sharifov added that oil price falling is not expected to have serious negative impact on revenues of state budget: “Reconsideration of the oil price is not the most important issue for budget revenues. Because of the state budget revenues have been insured in a sense”.
He underlined that revenues of consolidated budget may reduce on the background of oil price decline: “These revenues are mainly incomes collected in the State Oil Fund of Azerbaijan”.
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