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Budget of 2020 to be voluminous budget in history of Azerbaijani independence

06 November 2019 17:42 (UTC +04:00)

“The draft law “On the state budget for 2020” has been prepared in accordance with the Law “On Budget System”, the strategic roadmap of the main sectors of the national economy of Azerbaijan, as well as analysis of expected tendencies in world and country economy,” the head of the Azerbaijani parliamentary committee on labor and social policy Hadi Rajabli stated, APA reports.

Calling the budget of 2020 the largest budget in the history of Azerbaijani independence the head of the committee stated that for the first time in the history of the country, 39.5% of budget expenditures are being allocated to the social field: “Increase in spending on social protection by 31.3% indicates increase in economic power of the state. "