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MP: Fall in oil revenues threatens to undermine balance of budget revenues

05.08.2020,13:04


August 5, Fineko/abc.az. The matter of amendments to the Law on the State Budget of Azerbaijan for 2020 has been discussed at the session of the Parliament.

ABC.AZ reports that during the discussions, MP Tayir Mirkishili noted that the quarantine regime introduced in the country since this March has led to the weakening of most spheres of the domestic economy.

According to the MP, the decline in oil revenues threatens to disrupt the balance of budget revenues: “Therefore, there is a need to make changes and adjustments to State Budget 2020.