Azerbaijan targets to preserve macroeconomic stability in 2017 – finance minister

Azerbaijan targets to preserve macroeconomic stability in 2017 – finance minister
  • Clock-gray 08:51
  • calendar-gray 30 November 2016

Baku. Musa Ahmadov – APA-Economics. Azerbaijan’s GDP is expected to make up AZN 58 billion by the end of this year, Finance Minister Samir Sharifov said at the discussion of 2017 state budget at the joint meeting of the parliament’s Standing Commissions on Economic policy, Industry and Entrepreneurship, Natural Resources, Energy and Ecology Affairs, Defense, Security and Combating Corruption, Agrarian Policy, Public Unions and Religious Organizations.

 

According to him, the GDP is expected to face 2.8%-decline by the year-end.

 

“Relevant measures are being taken to reduce impacts of the global economic process on Azerbaijan. We are targeting to continue and extend measures, increase effectiveness, preserve macroeconomic stability”, he added. 

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