Baku/06.01.23/Turan: The Central Bank of Azerbaijan (CBA) expects the ratio of state budget expenditures to gross domestic product (GDP) to exceed 30% this year.The CBA says that in 2023 the public demand will also play an important role in sustaining economic activity. With the continued application of the budget rule, the implementation of the strategy of reducing the non-oil fiscal deficit and borrowing becomes important in terms of ensuring l...

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