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

Mon 09 Sep 2019 15:18 GMT | 19:18 Local Time

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On September 9, collegiums’ meeting regarding micro-fiscal framework of 2020 and middle-term summary and state budgets, drawing updrafts 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 the 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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