Today head of IMF mission and deputy director of EMEA department Vitaly Kramarenko met with the head of Milli Medjlis commission permanent for policy economics Ziyad Samedzadeh.
Samedzadeh told Trend at the meeting they discussed the questions within prepared for 2007 forecasts of state budget, effective use of oil profits. At the same time they discussed economic policy with account for new trends, macroeconomic indices have been discussed fro the point of view of joining with life level.
В"We shared the common opinion that todays policy of rational use of oil profits in Azerbaijan, ensuring transparency, the changes to take place in the budgetary expenses structure are quite objective. These are objectively necessary measures as today social development indices are left behindВ", said head of commission.
To fulfill the tasks Azeri president set on social and economic development of regions, creation of up-to-date infrastructure also requires expenses. At the same time National Bank of Azerbaijan and economic structures shall be tracking the situation to avoid inflation at increase of budgetary expenses.
В"Having such capabilities, we may not stay on basic indices. But we informed the mission that the government has a mechanism to prevent consumer prices growth, but IMF is still concernedВ", said Samedzadeh.
IMF mission offered the government to draw the budgetary forecasts for middle- (2-3 years) and long-terms outlook (5 years).
IMF mission visit started August 30 and will last until September 6. Today it held meetings in the State Statistics Committee, National Bank, International Bank and the Ministry of Finance.