Ali Asadov: The realities of the current period are reflected in the next year's budget

Ali Asadov: The realities of the current period are reflected in the next year's budget
In addition to being an annual financial plan, the state budget is considered a mirror of the economy. The realities, problems and challenges of the current period are reflected in the next year's budget.

Qazet.az reports that Prime Minister Ali Asadov said this at the plenary session of the Milli Majlis held today.

"Satisfaction of the main current demand in the country, creation of a foundation for future development, proper balancing of needs and opportunities in the social and economic budget should be ensured. During the preparation of the state budget, we focus on macroeconomic financial stability and the protection of strategic currency reserves," he said.

"Recently observed international tension, the breakdown of the global production chain and other issues have led to the increase in food prices and food shortages in the world. The weakening of the global growth rate against the background of high inflation puts the world economy in recession. It is known to everyone that the world is back to the situation before February. will not return," A. Asadov added.