ECONOMY
SCIENTIFIC-PRACTICAL CONFERENCE HELD IN MINISTRY OF FINANCE
The responsible employers of the central bodies of executive authority of the Republic, departments of finance, education, healthcare and culture of administrative districts of Baku, scientists, representatives of several international organizations in Azerbaijan attended the conference.
Addressing the participants, Minister of Finance Avaz Alakbarov touched on purpose of the conference, role of state budget in socio-economic processes, as well as reforms carried out in the country within past time. He emphasized that state budget plays important role in reinforcement of social protection of population, poverty liquidation, investments, development of small and medium business and other issues.
Touching on macroeconomic indices of economy within past five years, Mr. Alakbarov noted that volume of GDP in 2003 increased from 18,6 up to 35,1 trillions manat compared with 1999, volume of GDP per capita – from 2,4 mln manat to 4,3 mln manat.
Then, Deputy Minister of Finance Azar Bayramov delivered report on the topic “Role of state budget in socio-economic development of Azerbaijan”.
IMF Permanent representative in Azerbaijan Bazil Zavoyko, Deputy Minister of Health Elsever Agayev, Chairman of MM standing commission for economic policy Sattar Safarov, permanent representative of WB in Azerbaijan Ahmed Jahani, representatives of US State Treasury Kiff Clark, Chairman of Audit Chamber of Republic Vahid Novruzov and head of the department of Ministry for Economic Development Shahin Sadigov spoke of the topic.