BAKU, Azerbaijan, September 13. Azerbaijan’s
Financial Council has held the subsequent assembly to debate particulars of
financing the prices of reconstruction and restoration of Karabakh
and East Zangezur and making certain the Nice Return Program, the
Cupboard of Ministers advised Development.
Detailed discussions of the assembly chaired by Prime Minister
Ali Asadov additionally included forecast tasks of the state price range and
consolidated price range for 2026 and indicators of the consolidated
price range for the subsequent three years, growth tendencies of the world
financial system, foremost assumptions utilized in price range forecasts, present
financial scenario and up to date macroeconomic forecasts for
2025-2029, foremost targets, instructions and targets of price range coverage in
2026-2029, areas the place the medium-term expenditure framework and
the results-based budgeting mechanism are utilized, goal
indicators for the parameters of the price range rule, present scenario
within the discipline of macroeconomic and monetary stability, coverage
instructions and different points.
The assembly heard reviews from the Minister of Economic system Mikayil
Jabbarov, the Minister of Finance Sahil Babayev, the Chairman of
the Central Financial institution Taleh Kazimov, and the Minister of Labor and
Social Safety of the Inhabitants Anar Aliyev.
Moreover, discussions had been held by the members of the Financial
Council on the offered agenda.
On the finish of the assembly, bearing in mind the opinions and
proposals of the council members, related directions got
to the related our bodies to submit all paperwork and data
included within the 2026 price range envelope to the Cupboard of Ministers
for submission to the President of Azerbaijan.
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