Azerbaijan sets budget forecast for next year's oil price $65

Azerbaijan sets budget forecast for next year
# 15 April 2025 16:50 (UTC +04:00)

According to the forecasts presented by the Ministry of Economy of the Republic of Azerbaijan in March of this year, under the baseline scenario, the average annual export price of one barrel of oil is forecasted to be USD 65.0 for 2026 and to remain the same for the years 2027–2029, said the Ministry of Finance, APA-Economics reports.

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