Vahid Ahmadov: Oil prices depend on political processes

Baku. 18 November. REPORT.AZ/ "I believe soft devaluation had to be done in order to avoid its shock effect". 

Report informs, Azerbaijani MP Vahid Ahmedov said at conference "Development of small and medium-sized enterprises in Azerbaijan".

V. Ahmadov said that the Central Bank of Azerbaijan (CBA) has spent over 11 bln AZN to save manat. "We used to say that price of oil depends on market. But now I see that it depends on political process. Some states doing that to press Russia".

He said that subsidy will not be granted to 33 regions next year: "Up to date, 6 regions were not subsidized. But in the new budget, they will reach 33".