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    Chairman of Milli Majlis Committee: Azerbaijan's budget for 2017 will amount to 18-19 billion AZN

    Reduction of social spending is not provided

    Baku. 26 September. REPORT.AZ/ "Azerbaijan's budget for next year will amount to 18-19 billion AZN."

    Report informs, Chairman of the Parliamentary Committee on Economic Policy, Enterprise and Industry Ziyad Samedzade.

    "The reduction of social spending is not provided. But we expect decline of investment costs as it’s necessary to compensate lower revenues. The oil price will be incorporated in the budget of 40 USD per barrel", Z. Samedzade said. 

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