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Elman Rustamov: Growth of budget deficit raises certain concerns

24.12.2020,15:19


December 24, Fineko/abc.az. At today’s Milli Majlis regular meeting Central Bank’s chairman Elman Rustamov clarified some matters.

ABC.AZ reports that according to the CBA chairman, this year the Azerbaijani economy adequately responded to internal and external shocks.

"One of the main tasks is to return to the path of sustainable economic growth and start work on the restoration of the liberated territories. Next year, budget spending is aimed at countercyclical stability. The growth of the budget deficit in recent years is of some concern. Its financing through unstable sources gives reason to talk about it," Rustamov said.