In the budget of Azerbaijan, due to rising oil prices, there is a significant increase in income. According to Trend, the Deputy Minister of Finance Azer Bayramov at a meeting of the Committee of Mill Majlis (Parliament) on Economic Policy, Industry and Entrepreneurship said this.
In his opinion, this trend will remain until the end of the year.
“We make certain forecasts for inflation, however, its growth is largely related to imports. In connection with the reforms conducted by the State Tax Service, we expect the nominal growth of GDP. At the same time, I express confidence that the STS will provide business entities with new cash desks apparatuses. The implementation of this project will contribute to the creation of new tools for encouraging entrepreneurship in the future, ”said Bayramov.
The deputy minister emphasized that the work carried out in the economic sector brings positive results.
“I believe that the work on the work will contribute to a further increase in budget revenues, the formation of the legislative framework, ensuring the transparency of business,” he added.