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Azerbaijani parliament adopts 2017 state budget and budget package

16 December 2016 10:17 (UTC +04:00)

According to him, the issue of creating financial guarantee required for expenditures on several measures have been considered: “Some proposals by MPs need to be considered for several years. Taking into account the proposal on increase of cultural expenditures, additional AZN 3 million was allocated to the culture. Moreover, expenditures to maintain parliament increased AZN 850,000. Allocation of additional funds for Youth Fund is unacceptable. We don’t think it’s a serious problem to keep the funds unchanged in the Fund”.

The minister added that amendments will be made to the articles #2, 8 and 16 of the state budget for 2017: “These are the articles related to formation of revenues and expenditures. Other proposals of MPs will b e considered stage-by-stage”.

Then, the budget package was adopted.