Prime Minister Ali Asadov signed the order "On the preparation of the 2024 draft state budget of the Republic of Azerbaijan, as well as the country's economic and social development concept and medium-term forecast indicators."

APA reports that according to the order, the Ministry of Finance will prepare the preliminary draft of the state budget for the next year, as well as the general budget forecast for the next year and the following three years, and the preliminary draft of the Medium-Term Expenditure Framework (MEFF) document for 2024 and the following three years, Azerbaijan The Ministry of Economy of the Republic of Azerbaijan should submit the preliminary draft of the state investment program on directions to the Economic Council of the Republic of Azerbaijan by April 5, 2023 and to the Cabinet of Ministers of the Republic of Azerbaijan by April 15.

In accordance with the Law of the Republic of Azerbaijan "On the Budget System" and other normative legal acts, the Ministry of Finance has established the upper limit of the ratio of the non-oil base deficit to the non-oil gross domestic product of the general budget aimed at the end of 2024 and 2027 and the 2027 the proposals on the upper limit of the ratio of the public debt to the gross domestic product aimed at the end of 2024, the draft of the OMSC document on the pilot divisions of the functional classification of budget expenditures ("education", "agriculture" and "environmental protection") for 2024 and the following three years, as well as the draft of the state budget and summary budget for the next budget year and the indicators of the summary budget for the next three years,The Ministry of Economy should submit the economic and social development concept and forecast indicators for the next budget year of the Republic of Azerbaijan and the next three years to the Economic Council of the Republic of Azerbaijan by September 1, 2023, and to the Cabinet of Ministers by September 15.

The State Statistics Committee:

- to specify the country's medium-term economic and social development program for the current year, to submit the preliminary statistical data of 2022 to the Ministry of Economy of the Republic of Azerbaijan and the Ministry of Finance of the Republic of Azerbaijan by February 5, 2023;

- must ensure that the necessary statistical data for the preparation of the country's economic and social development concept and state budget draft for the next budget year and the next three years are regularly submitted to the Ministry of Economy of the Republic of Azerbaijan, the Ministry of Finance of the Republic of Azerbaijan and other relevant organizations.