Elman Rustamov: We`ll create serious risks if we compact the budget

18:09 - 23.12.2020


December 23, Fineko/abc.az. We orient to the opening of the domestic market on safe conditions for our citizens, small investors, including foreign ones.

ABC.AZ reports that Central Bank’s chairman Elman Rustamov stated about this at a meeting of the Milli Majlis Committee on Economy, Industry & Entrepreneurship.

The CBA chair noted that in order to support the country's financial buffer, the Azerbaijani government is conducting very serious and well-thought-out economic maneuvers: "The existing reserves are used, macroeconomic stability is ensured, and large-scale assistance is provided to economic entities and the population. There should also be a strategy to get out of this policy. However, there must be conditions for this first. If the situation with the pandemic is eliminated, we’ll prepare a strategy for overcoming the situation in the budget for 2022."

 

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