Azerbaijani Finance Minister: ” We should reduce our dependence on oil”

Azerbaijani Finance Minister: ” We should reduce our dependence on oil”
  • Clock-gray 14:26
  • calendar-gray 23 December 2020

"We should reduce our dependence on oil,” said Minister of Finance of Azerbaijan Samir Sharifov at the meeting of the Committee on Economy, Industry, and Entrepreneurship held regarding budget package for 2021, APA reports.

The Minister said that if oil prices decrease, the impacts of it on state budget are neutralized: “This has been reflected in the revenues of the consolidated budget.”

 

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