Finance Minister Sahil Babayev gave important statements for entrepreneurs in an interview with AzTV and AZERTAC.
The minister stated that the state is an active participant in financial markets and invests available funds to regulate budget revenues and expenditures, borrowing to cover the deficit.
Geopolitical challenges affect financial markets, increase interest costs, and create certain difficulties.
As the third direction, the biggest impact on the real sector will be related to non-oil exports. Gulf countries and the CIS region play a key role in non-oil exports.
Problems in logistics chains will negatively affect non-oil exports, increase costs, and limit access to some markets.
The minister noted that in the coming periods, macro-level assessments will be presented to the government, and plans will be determined to minimize challenges and provide appropriate support.
