Bank Of Baku

Budget price of Azerbaijani oil taken as $35 for next year

Budget price of Azerbaijani oil taken as $35 for next year
# 03 September 2020 10:53 (UTC +04:00)

When calculating the round-up and state budget incomes for 2021, the price of one barrel of oil was taken as equal to $ 35 based on more conservative approach, APA-Economics reports citing the statement of the Ministry of Finance regarding initial indicators of the state and round-up budgets of Azerbaijan for 2021.

Note that this indicator is the same when compared with 2020.

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