TODAY.AZ / Business

Samir Sharifov: "2006 state budget will be changed due to increasing incomes"

10 May 2006 [08:11] - TODAY.AZ
"Long-term salary increase policy is now driven. For this purpose state budget should be changed that demands more expenses," Samir Sharifov, Finance Minister, told to the media.

He also added that 2006 state budget to be changed thanks to increasing incomes. Touching long-term use of oil revenues, Sharifov said that President has his strategy on this matter. The strategy aims to manage oil revenues in meeting country's needs.

"We must determine optimal balance between expenditures of work implemented and to be implemented and resources managed. We try to reach this balance sooner. This is the main direction for us."

Samir Sharifov stressed his words on macroeconomic model to be drawn by government. Expenditures will significantly decrease if this model is truly run, APA reports.


Print version

Views: 1759

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: