BAKU, Azerbaijan, Jan. 28
By Sadraddin Aghjayev - Trend:
Azerbaijan's current account balance may reach 10 percent of GDP in 2022, Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov said at a press conference, Trend reports.
Rustamov stressed that this will be possible if the price of a barrel of oil on the world market averages $70.
“If the oil price reaches $50, then the current account balance will be about four percent of GDP,” Rustamov said.
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