State budget for next year and drafts of summary budget to be admitted to Cabinet of Ministers

State budget for next year and drafts of summary budget to be admitted to Cabinet of Ministers
# 09 September 2019 19:31 (UTC +04:00)

On September 9, collegiums’ meeting regarding micro-fiscal framework of 2020 and middle-term summary and state budgets, drawing up drafts of 2020 summary and state budgets and other forthcoming tasks was held at the Ministry of Finance of Azerbaijan, APA reports.

Samir Sharifov, Minister of Finance and the chairman of the collegium stated that reform measures taken under the leadership of President Ilham Aliyev served for improving living standards of population, development of the non-oil sector, increasing currency reserves, alongside with the provision of macro-economical sustainability in the past period of the current year.

The Collegium of the Ministry of Finance approved the drafts of the state and summary budgets and decided to admit it to the Cabinet of Ministers of the Republic of Azerbaijan.

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THE OPERATION IS BEING PERFORMED