Ziyad Samadzadeh: “azerbaijan's State Budget Will Reach Azn 100 Bln in the Coming Years”

“Azerbaijan’s state budget will reach AZN 100 bln in the coming years”, said the Chairman of Economic Policy Committee Ziyad Samadzadeh at the discussion of the law on ”Execution of state budget of Azerbaijan for 2013” at the plenary meeting of Azerbaijani Parliament.

According to him, the draft law the draft law has been developed jointly with members of the Finance Ministry and Economic Policy Committee of Milli Majlis, all recommendations of the Ministry have been taken into account.

Samadzadeh noted that $80 bln was invested in Azerbaijan’s econom during past 5 years: “Today, Azerbaijan’s GDP makes $73 bln. Per head annual income makes AZN 7,800. This was approved by the well-known rating agencies of the world”.

Committee Chairman noted that today, Azrebaijan has financial base and it formed currency stocks of the country: “Azerbaijan’s non-oil and gas sector has been provided by 56.5% and fulfilled. Public debt...