In 2014 Azerbaijani budget could be forecasted with oil price of $90.00 per barrel
The forecast of the oil export price, on which the state budget of Azerbaijan for fiscal year 2014 will be based, will be reduced.
Turan reported that yesterday the experts of the Oil Fund and the Ministry of Economic Development discussed initial variant of average annual export price of Azerbaijani oil. Considering various tendencies in the world economy, it was proposed to draw the initial variant of state budget for fiscal year 2014 with oil price of $90.00 per barrel.
The final variant of the basic data of the budget will be discussed in mid-August 2013.
For two years running the state budget had a forecast of oil price of $100 per barrel.-0-
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