The Azerbaijani Ministry of Finance raised the forecast for the state budget deficit for 2020 to 3.3% of GDP (2.78 billion manat) due to an increase in the expenditure item in the draft main financial document of the country and adjustments to the gross domestic product (GDP). These changes occurred after the meeting of the economic block of the government of Azerbaijan, which was held by the President of Azerbaijan on October 15.As follows from...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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