Samir Sharifov: Amendments to be made to Law on Budget System

Samir Sharifov: Amendments to be made to Law on Budget System  
  • Clock-gray 10:37
  • calendar-gray 17 October 2019

According to the socio-economic and macroeconomic forecasts prepared for the following and next three years, a 4.6% inflation rate is taken into account in Azerbaijan in 2020, said Azerbaijani Finance Minister Samir Sharifov during his speech at the economic meeting chaired by President of Azerbaijan Ilham Aliyev, APA Economics reports.

He emphasized that by taking into account the forecast, it’s been possible to revise the upper limit of the summary budget and to set specific targets.

Furthermore, the Minister noted that the appropriate amendments are considered to be made to the Law on Budget System of the Republic of Azerbaijan to take into account the inflation planned for the following year.

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