Finance Minister: A slight decrease in prices is expected


June 23, Fineko/ With taking into account the increase in food prices, as part of the changes to State Budget 2022, AZN 193 million will be allocated to create food safety reserves, ABC.AZ reports, quoting Finance Minister Samir Sharifov.

He added that based on this, the State plans to take additional flexible measures in this area.

"The government is developing and taking certain anti-inflationary measures in accord with Azerbaijani president’s tasks. Most of them relate to the abolition of existing customs duties and taxes on food imported into Azerbaijan. That is, appropriate decisions are being made. We believe that as a result of the decisions taken, at least by eliminating the increase in prices for those goods that fall to the share of the Azerbaijani government, there will be a slight decrease in prices," Sharifov said.