ADB: Positive balance of Azerbaijan's foreign turnover will exceed 6% in 2023

ADB: Positive balance of Azerbaijan
# 04 April 2023 13:16 (UTC +04:00)

"Despite the low average price of the oil, the Asian Development Bank (ADB) has forecasted the growth of Azerbaijan's exports in 2023 at the level of 0.2%," it was stated on the review of “Asian Development Outlook 2023", APA-Economis reports.

According to the bank's calculations, Azerbaijan's export will decrease by 2.9% in 2024.

The ADB has predicted that in 2023, the positive balance of Azerbaijan's foreign trade turnover will increase by 6.4%, and it will decrease by 5.6% in 2024.

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