Bank Of Baku

Moody’s forecasts Azerbaijan’s current account to be in surplus this year

Moody’s forecasts Azerbaijan’s current account to be in surplus this year
# 16 December 2020 19:34 (UTC +04:00)

Moody's Investors Service, according to the finals of this year, forecasts current account of the balance of payments of Azerbaijan will be in surplus and surplus to be at the level of 1,5% of GDP, APA-Economics reports citing Moody’s.

The previous forecast promised a deficit in the current account of the country and deficit to make up 2,6% of GDP.

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