Finance Minister: Azerbaijan`s budget deficit to increase


August 4, Fineko/abc.az. The State Budget deficit is to increase by an additional AZN 645 million.

ABC.AZ reports that the relevant statement was made at today’s meeting of the Parliamentary Committee on Economic Policy, Industry & Entrepreneurship by Finance Minister Samir Sharifov.

According to the minister, the domestic financial sector has always raised the matter of increasing the share of government bonds: “We believe this is the right approach. We provide funds in the amount of 190 million manats for placement of bonds on the domestic market."