The price increase is already hitting the middle class! Poor poor…
Milli Opinions on the revision of the budget for 2022 are being voiced in the parliament. 2022 budget revenues 26,816 billionwhile costs 29,879 billion manat is forecasted. In the document Azerbaijan price of 1 barrel of oil 50 USA dollars. At the moment Azerbaijan oil is higher than $ 125 per barrel.
According to the State Statistics Committee (SSC), budget revenues increased by 2.4 compared to the same period in 2021 billion manat or about 30 percent more. January–April Budget expenditures in January amounted to 8 billion 169 million manat. This is about 640 million manat or 8.55 percent more than in the same period last year. As a result January–April The state budget surplus amounted to 2 billion 519 million manat in the first half of this year.
Milli Deputy Chairman of the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship Ali Masimli also “TuranHe reminded that at the moment Azerbaijan The price of oil is over $ 120. According to him, as a result of increased economic activity in the post-pandemic period, funds from the non-oil sector have also increased. funds This year’s budget shows a surplus.
According to the committee member, the increase in prices in Azerbaijan is much higher than the official forecasts: “In parallel with the rise in prices social In order to regulate the processes, steps were taken to increase salaries, pensions and benefits. However, these increases did not cover the price increase enough. The increase in prices Salary, pension It is much higher than the growth. “
He noted that this affects the living standards of formerly low-income citizens, and now the middle class: “In order to prevent the deterioration of the living standards of the population. Salary, pension and it is important to increase other payments and direct additional funds to that end. ”
He noted that this affects the living standards of formerly low-income citizens, and now the middle class: “In order to prevent the deterioration of the living standards of the population. Salary, pension and it is important to increase other payments and direct additional funds to that end. ”
Economist Natig Jafarli also told RFE / RL that the state budget will most likely be reconsidered in the coming days.Parliament extended the session until July. Therefore, it is likely that additions and changes will be made to the budget, and both revenues and expenditures will be increased.
He noted that the increase is expected to be significant: “Both revenue and expenditure are expected to increase by about 2.5 billion.”
But in his opinion, most of these funds are from occupation free “Because it was announced in the last speeches of the President,” he said. At least about 400-500 million funds can be increased. 2.2 billion to recover this year funds was intended. ”
According to Jafarli, part of the funds will most likely be spent on social “Because without it, it will not be well received by society. However, it is not so convincing that there are any steps that can be noticeable and affect the livelihood of the population. ” (Radio Liberty)