Are the State Budget-2025 and Adopted Economic Laws Human-Oriented?
The 2025 state budget, changes to the Tax Code, the minimum living standard for the upcoming year, need criteria, and the draft budget of Azerbaijan's State Social Protection Fund (SSPF) for 2025 were analyzed by economist and chairman of the REAL Party, Natig Jafarli, on the program “Difficult Question.”
According to Jafarli, since 2003-2004, when oil revenues began flowing into the country, the philosophy and parameters of Azerbaijan's state budget have remained unchanged. Only the figures have shifted, with both revenues and expenditures showing growth.
"The only significant change occurred in 2020, after the victory and liberation from occupation, with the introduction of additional expenditures for reconstruction efforts in Karabakh. Over the past four years, 19 billion manats have been allocated for these purposes," Jafarli said. He added that the State Oil Fund has consistently been the primary donor to the state budget, with its contribution reaching 60-65%.
Regarding expenditures, the proportion allocated to defense, law enforcement, and social needs has also remained consistent. The only change lies in classification. The government claims that 40% of the state budget is directed toward social needs. However, this is misleading, as pensions, salaries, and benefits are categorized under social expenditures.
Jafarli also noted that unlike most countries, Azerbaijan has adopted a resource-oriented economic model, where natural resources play a significant role in forming the state budget. In the 2025 budget, the share of revenues from energy resources is set to exceed 50%, and when indirect energy-related revenues are included, this figure could reach 75%.
The economist warned that setting the oil price at $70 per barrel in the state budget could lead to unpleasant surprises, given the instability of the global situation and potential fluctuations in oil prices. He speculated that due to the "cheap oil" policy promoted by former U.S. President Donald Trump, prices could fall below $60 per barrel.
Jafarli also argued that the widely publicized development of the non-oil sector by the government does not actually exist.
"In percentage terms, this development is not reflected in the budget or GDP. While there has been some growth in absolute numbers due to population growth, there have been no percentage-based shifts," the economist explained.
-
- Politics
- 18 December 2024 17:50
-
- Agriculture
- 18 December 2024 19:51
Difficult question
-
Political analyst Shahin Jafarli discusses this question in the program "Difficult Question." The expert believes that the Charter on Strategic Partnership between Armenia and the United States, signed on January 14 by Armenia's Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Antony Blinken, marks a significant shift in Armenia's foreign policy. He also noted that just a few days earlier, on January 9, the Armenian government approved a draft law initiating the process of the country's accession to the European Union, which will now be presented to parliament for consideration.
-
On January 14, the United States of America (USA) and Armenia signed a Charter. Armenian Foreign Minister Ararat Mirzoyan and U.S. Secretary of State Antony Blinken signed the Charter on Strategic Partnership between Yerevan and Washington in Washington, D.C., on Tuesday, January 14.
-
Keçmiş diplomat, siyasi şərhçi Nahid Cəfərov Azərbaycanın xarici siyasəti barədə Kamran Mahmudovun təqdimatında yayımlanan “Çətin sual” verilişində danışır.
-
Qərbi Azərbaycan mövzusu son günlər həm Azərbaycan, həm də Ermənistan rəsmiləri tərəfindən tez-tez gündəmə gətirilir.
Ermənistan- ABŞ, Rusiya -İran strateji tərəfdaşlığı regiona nə vəd edir? – Şahin Cəfərli Çətin sualda
News Line
-
- Politics,
- 00:12
- 425
Leave a review