The finance minister clarified: “The exchange rate of the manat…” |
The Ministry of Finance is interested in keeping the exchange rate of the manat stable.
This National Minister Samir Sharifov said at the meeting of the Economic Policy, Industry and Entrepreneurship Committee of the Assembly.
“Because of this Azerbaijan We are closely cooperating with the Central Bank,” he said.
In addition, the minister said that due to the high hydrocarbon prices in the world, the revenues to the state budget are much higher than expected. Therefore, it is not planned to use the funds intended for financing the budget deficit.
“Ensuring fiscal stability in Azerbaijan is primarily the annual reduction of the non-oil base deficit way can be provided with Another way is to maintain the stability of the State Oil Fund’s income,” S. Sharifov added.
“Ensuring fiscal stability in Azerbaijan is primarily the annual reduction of the non-oil base deficit way can be provided with Another way is to maintain the stability of the State Oil Fund’s income,” S. Sharifov added.