Finance
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The Central Bank of Azerbaijan (CBA) predicts that the average price for 1 barrel of oil on the world market will be $ 85.7 in 2024 and $ 83.5 in 2025.
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The Central Bank of Azerbaijan (CBA) forecasts that in 2024 the surplus of the current operating balance of the country will be $7billion.
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The Central Bank of Azerbaijan (CBA) predicts that by the end of 2024, the economic growth in the country will amount to 3.5-4%, including the production of gross domestic product (GDP) in the non-oil and gas sector to grow by 5.5%.
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The Central Bank of Azerbaijan has reduced the discount rate by 0.25 percentage point from 7.5% to 7.25%.
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