Bank Of Baku

Heydar Asadov: “The increases considered in 2013 state budget will have impact on improvement of the people’s social welfare”

Heydar Asadov: “The increases considered in 2013 state budget will have impact on improvement of the people’s social welfare”
# 06 November 2012 12:17 (UTC +04:00)
Baku. Parvin Abbasov – APA. “It is the first time that the state budget envisages increases in this amount. The increases will have impact on improvement of the people’s social welfare,” said Chairman of the Chamber of Accounts Heydar Asadov during the discussion of the draft state budget for 2013 at the joint meeting held with the participation of representatives of government and 5 committees – Security and Defense, Economic Policy, Natural Resources and Energy, Agrarian Policy and Social Policy.

Asadov added that interest rate decreased in the draft, that is, repayment of debts rate increased.
The chairman noted that the draft state budget envisages allocation of AZN 500 mln for repayment of the USSR-era bank savings and also said that this amount would allow repaying all bank savings: “No problem will occur in the repayment of bank savings.”
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