Discussions on macroeconomic forecasts continue

After the publication on the official website of the Ministry of Finance of Azerbaijan, the Macrofiscustal Frame for 2022-2025 and the preliminary indicators of consolidated and state budgets for 2022 “from the media comes numerous requests due to the sources of income growth in the state budget in 2021, Trend reported on Wednesday in the Ministry of Economy.

The agency noted that according to the requirements of the legislation, information on the parameters of the draft state and consolidated budgets for the next year and the next three years, as well as macroeconomic forecasts for this period should be disclosed for public discussion to their submission to Milli Majlis (Parliament) Azerbaijan.

According to current practice, the main economic indicators are consistent with the relevant government agencies, including the Ministry of Economy. It should be noted that this practice was applied in previous years.

It is reported that discussions of the main parameters of the document were held this year. However, some indicators, including the income of the state budget, have not yet been agreed. The document is preliminary, and in the coming days of discussion with the Ministry of Finance and other profile structures will be continued.