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The Economic Council discussed the budget projects for 2025 and the next three years

Today, under the leadership of the Chairman of the Economic Council, Prime Minister Ali Asadov, the draft state and general budgets for 2025 and the next three years will be presented at the next meeting of the institution.

was discussed.

Oku.Az reports that the Cabinet of Ministers has published information on this matter.

In addition, according to the information, the meeting discussed the development trends of the world economy, the main assumptions used in budget forecasts, the current economic situation and updated macroeconomic forecasts for 2024-2028, target indicators for the parameters of the budget rule, the main budget policy in the directions 2025-2028, financing of expenses related to the reconstruction and restoration of Karabakh and Eastern Zangezur and the provision of the Great Return Program, the areas where the Medium-Term Expenditure Framework and the results-based budget mechanism are applied, the current situation and policy directions in the field of macroeconomic and financial stability and other topical issues were discussed in detail.

The Minister of Economy Mikail Jabbarov, Minister of Finance Samir Sharifov, Chairman of the Central Bank of Azerbaijan Taleh Kazimov and Minister of Labor and Social Protection of the Population Sahil Babayev made statements.

At the end of the meeting, taking into account the opinions and suggestions of the members of the Economic Council, the relevant institutions were given the relevant tasks to submit all documents and information included in the 2025 budget to the President of the country.

Source

Jeffrey Roundtree
Jeffrey Roundtree
I am a professional article writer and a proud father of three daughters and five sons. My passion for the internet fuels my deep interest in publishing engaging articles that resonate with readers everywhere.
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