Politics

Samir Sharifov: Measures are taken to reduce oil dependence

Loading...

“It is gratifying to see that certain indicators on the non-oil base deficit have been approved in the decree signed by the President of Azerbaijan Ilham Aliyev in connection with the application of the new budget rule.”

Report informs, Finance Minister Samir Sharifov said at a meeting of the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship today.

According to him, these indicators were implemented very quickly in 2019 against the target: “Figures show 26.6 % against 31.1 %. It shows that practical measures are being taken to reduce our dependence on the oil sector gradually. The budget rule also serves these purposes.”

Report

Leave a Reply

Your email address will not be published.

Back to top button
Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.