Azerbaijan’s State Budget for 2016 to Be Revised

Azerbaijan’s State Budget 2016 will be revised, the head of the parliamentary committee on economic policy Ziyad Samadzade said at the extraordinary session of the Parliament today. He explained that the reduction of the country's revenues is due to falling oil prices.

According to Samadzade, economic plans and expenditures must be "refined and operating costs reduced."

Recall that the state budget 2016 had been drawn up at the rate of $ 50 per barrel of oil. -06D-

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