A Comparative Assessment for 2022 State Budget in Azerbaijan

Abstract

The macroeconomic forecast prepared by the Ministry of Economy of the Republic of Azerbaijan emphasized the main priorities for the budget policy for the upcoming five years. The forecast was prepared following the order "Azerbaijan 2030: National Priorities for Socio-Economic Development" and its main notations. An analysis of the forecast depicts the main features of the report, assessing the current environment and eligibility of the major points outlined. The forecast highlighted the primary targets for the medium and long terms, accentuating the importance of moving towards a more diversified and sustainable economy.