Finance Minister spoke about oil revenues - deficit is expected

16:02 - 19.06.2020

June 19, Fineko/abc.az. In April and May the price of oil was lower than the State Budget oil price of $55 a barrel.

ABC.AZ reports that the above-said statement was made by Finance Minister Samir Sharifov at today's session of Milli Majlis.

He noted that in April and May the oil prices fell sharply, but later settled: "Although the price is gradually recovering, a temporary decline will undoubtedly lead to certain deficits. As a result, tax revenues from the non-oil sector are expected to decline, for the most part, in the 2nd half of the year.”

 

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