CBA maintains stable forecasts on economic growth and CAB
The Central Bank of Azerbaijan forecasts economic growth in the country this year at the level of 3.5-4%, including in the non-oil and gas sector-5.5-6%.
Chairman of the organisation Taleh Kazimov stated this at a press conference at the CBA.
‘Next year, the country's gross domestic product (GDP) is expected to grow by 2-2.5%, including in the non-oil and gas sector by 4-5%. This is the same as our April forecasts,’ he added.
Furthermore, according to the chairman, the CBA's forecast for the current account balance (CAB) surplus in April this year, based on the baseline scenario, has not changed: "‘Like 3 months ago, we expect a surplus of $ 7 billion on the CAB in 2024 and $ 6 billion in 2025."
Finance
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The State Audit Office has conducted an efficiency audit of the Educational Student Loan Fund under the Ministry of Science and Education.
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An auction for the placement of Silk Way West Airlines bonds is being held today at the Baku Stock Exchange (BSE).
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Meqa Sığorta has won an open tender to provide voluntary health insurance for employees of the Azerbaijan Ground Transport Agency under the Ministry of Digital Development and Transport.
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The “Taxes” newspaper of the State Tax Service under the Ministry of Economy has published the names of newly registered commercial entities.
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