The State Budget of Azerbaijan for 2007 should increase by not less than 50%. The 2007 State Budget will be adopted in the near future, and at the moment, its preliminary parameters are being defined, the President of Azerbaijan Ilham Aliyev said on 15 September, while giving a speech before the community of Zabrat settlement at the opening ceremony of a new school No.307, Trend reports.
According to Aliyev, new schools and roads will be constructed and the infrastructure should be developed through increasing budget finances.
The task regarding the construction of a new water pipe for providing Baku with drinkable water will be fully resolved in 2008. The economic potential and economic policy of the Republic are the basis for all these projects, Aliyev underlined.
The State Head emphasized that a huge amount of the currency flow will be carried out due to the realization of these projects in Azerbaijan.
Spending of this money will be directed towards all spheres of Azerbaijan, infrastructure projects, construction of electric power stations, etc. Only in this way is it possible to develop the Country, and the public opinion is in agreement this. the President stated.
In addition, today the President became acquainted with the Treatment Diagnostic Center in Zabrat settlement and Ankara Lyceum (former school No. 77) in the Narimanov District of Baku City.