Finance Minister Samir Sharifov said at a press conference that he does not plan to revise the state budget for 2015. He explained this by the fact that oil prices allow to execute the budget in the provided amount.
In November 2014, the Minister noted that according to the budget calculated for the $90 per barrel, nothing threatens a price not less than $ 60 per barrel.
According to the law on the state budget, the budget correction can be made at 30% deficit. But this was not required due to the devaluation of the rate of manat by the Central Bank by 33% in one day in February this year.
According to the Minister, in the first quarter the budget deficit amounted to 251 million manat, and it will be covered by the provisions of the previous year, and other income.-0-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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