Positive trends increasing in Azerbaijan’s economy (UPDATE)
Details added (first version published on 11:48)
Baku, Azerbaijan, May 22
By Ilkin Shafiyev - Trend:
Positive trends are increasing in Azerbaijani economy, the Chairman of the Committee on Economic Policy, Industry and Entrepreneurship of Azerbaijani parliament Ziyad Samadzadeh said at the meeting of the committee.
He noted that, all social measures provided for in the state budget, were implemented in 2017.
"Despite the growth of risks on a global scale, Azerbaijan has managed to ensure dynamic development. These achievements will help us to achieve higher budget performance in 2018," Samadzadeh said.
State budget revenues in 2017 amounted to 16.446 million manats, expenses – 17.588 million manats. The state budget makes up 1.6 percent of the GDP.
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