Minister Samir Sharifov: Increasing of expenses of Azerbaijan's state budget for 2011 creates some inflation risks

"Increasing of expenses of Azerbaijan’s state budget for 2011 creates some inflation risks", Finance Minister Samir Sharifov said.

To him, Azerbaijani government will take several measures which will prevent the raise of inflation’s level: "As a result of CBA and Finance Ministry’s joint efforts, we will take practical measures in order to control the inflationary tendencies, the level of inflation".

Note that, the level of inflation in Azerbaijan made 9% in January-April, 2011.

According to amendments made in state budget-2011 on May 27, incomes were increased by 29% or AZN 15,554.2 mln, expenses – 25% or AZN 15,941.2 mln.


/APA/