Five days after my post regarding why Azerbaijan should not amend its state budget, the government announced the 2022 budget amendments. With this post, I will look at what changed and share my opinion.
Tag: Revenues
State Budget of Azerbaijan 2021
Due to the recent war in Karabakh, the presentation, discussion, and approval of the state budget of Azerbaijan was delayed until the very last days of December. As the proposal has been adopted by the Parliament and signed into law by the President, I have decided to take a brief look and share with you the points that I deem noteworthy.
Continue reading “State Budget of Azerbaijan 2021”Fiscal Rule of Azerbaijan: A Positive First Step?
As a broad term, fiscal policy refers to the management of taxes and expenditures by governments. It is certainly the number one tool that the governments utilize to intervene into the national economy. That intervention, on the other hand, should have definite restraints, which brings us to the topic of fiscal rules…
Continue reading “Fiscal Rule of Azerbaijan: A Positive First Step?”
Economir 