Deputy: Azerbaijan may review the state budget in May again"

Deputy: Azerbaijan may review the state budget in May again" Forecast: In case if the oil price to stay at 60 USD per barrel in world markets, Azerbaijan to lose 1 billion USD in 2015
Finance
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January 6, 2015 18:14
Deputy: Azerbaijan may review the state budget in May again

Baku. 6 January. REPORT.AZ/ In case if the oil price to stay at 60 USD per barrel n world markets, Azerbaijan to lose 1 billion USD in 2015. Report informs referring to the member of Commission of Economic Policy of Milli Majlis (parliament), member of parliament Vahid Ahmadov commented in his statement on affect of oil price drop recent months to Azerbaijan economy.

He stated that, calculation of Azerbaijan's state budget provided on oil base price in sum of 90 USD per barrel.

Member of parliament stressed, suggestion on review of state budget with calculation on lower oil price made at the meeting of Milli Majlis. "We were told that, new alternatives of government are available in case of oil drop in world markets", he said.

According to him, tendency of oil drop to continue in world markets, as present processes show this. In case if the oil price to stay at 60 USD per barrel in world markets, Azerbaijan to lose 1 billion USD in 2015. 

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