MPs amend Law on Budget System

17:14 - 22.10.2019

October 22, Fineko/abc.az. An amendment has been made to the Law on the Budget System at today's plenary session of Milli Majlis.

In accord with the amendments, the projected inflation rate will now be taken into account when determining the expenditures of the consolidated budget for the next year.

That is, the upper limit of expenditures of the consolidated budget will be allowed up to 103% of the amount of expenditures indexed this year.

The draft amending document was adopted by a vote.

 

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