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Significant financial surplus expected by year-end - chairman

Economy Materials 18 November 2024 13:50 (UTC +04:00)
Significant financial surplus expected by year-end - chairman
Elchin Mehdiyev
Elchin Mehdiyev
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BAKU, Azerbaijan, November 18. A significant financial surplus is expected to be formed by the end of the year, based on the conducted analysis, said Vugar Gulmammadov, Chairman of the Chamber of Accounts of Azerbaijan, Trend reports.

Speaking at a meeting of the Azerbaijani Parliament Committee on Economic Policy, Industry, and Entrepreneurship, Gulmammadov observed that this bounty would necessitate the crafting of a blueprint for its deployment by the close of the year, alongside the potential for trimming the roots of domestic borrowing.

"This necessitates the establishment of a system for leveraging the excess and the possibility of decreasing domestic borrowing," the chairman said.

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