IMF improves outlook for current account balance in Azerbaijan
Azerbaijan, Baku, Oct. 11 /Trend E. Aliyev/
The International Monetary Fund (IMF) has changed the outlook for the current account balance in Azerbaijan, the IMF's Word Economic Outlook said.
According to IMF expectations, in 2013 this figure in Azerbaijan will be 13.3 per cent of the GDP, instead of 10.6 per cent forecast in May 2013.
The report also mentioned that the current account balance is projected at 9.2 per cent for 2014.
Earlier, the IMF forecasted this indicator in Azerbaijan at the level of six per cent of the country's GDP.