25 Oct 2025
Azerbaijan: 2020 state budget to be reviewed after government's analysis
Azerbaijani Minister of Finance Samir Sharifov announced the government’s intention to revise the draft 2020 state budget and macroeconomic indicators for the current year, which requires analysis of the situation after quarantine has been relaxed and its forthcoming cancellation is possible, Turan reports.
“Of course, business activity has declined due to the coronavirus pandemic. We are also affected by fluctuations in world oil prices and liabilities to OPEC +. Undoubtedly, the GDP of Azerbaijan, as well as the revenues and expenditures of the state budget will be reduced, but we do not want to rush to forecasts on these issues,” the Finance Minister said to the press.
Latest news
Latest newsSerbia’s European Integration: Prospects and Obstacles
21.Oct.2025
Ukrainian Drones Set Fire to Russia’s Largest Gas Plant, Gas Intake from Kazakhstan Suspended
20.Oct.2025
Trump and Zelensky in Washington: The Return of “Hardline Support” Policy
19.Oct.2025
Activist Margretta Mirzoyan on the Political Mood in Armenia
18.Oct.2025
Trump and Putin Prepare to Meet Ahead of Zelensky’s White House Visit: A New Phase of Diplomacy or Pressure on Kyiv?
17.Oct.2025
A Shadow over the Russian-Azerbaijani Thaw: What Lies Behind the Arrest of Former Presidential Chief of Staff Ramiz Mehdiyev?
16.Oct.2025
Russia and Syria: A New Chapter in Relations After the Coup
16.Oct.2025
NATO and EU Join Forces to Build a “Drone Wall”
15.Oct.2025
Trump: New bonds of friendship to join Armenia to Azerbaijan
14.Oct.2025
UK to lift its arms embargo on Armenia, Azerbaijan
14.Oct.2025