“Azerbaijan to face no problems in execution of 2016 state budget”
Baku, Azerbaijan, June 14
By Azad Hasanli - Trend:
Azerbaijani government sees no problems with the execution of the 2016 state budget, the country's Finance Minister Samir Sharifov told reporters June 14 in Baku.
Sharifov also touched upon the possible increase of the inflation pressure due to the growth of money supply in the country, noting that this has nothing to do with the reality.
Further, Sharifov noted that the process of issuing the state securities will continue.
"We will continue [to issue securities] in order to further develop the markets and increase the confidence in manat," said the minister. "In this regard, we offer quite high interest rates on manat-denominated bonds."
Sharifov noted that the volume of issued bonds is more than enough.