Surplus of 24% of GDP is expected in Azerbaijan's current account-FITCH

Surplus of 24% of GDP is expected in Azerbaijan
# 07 April 2022 17:03 (UTC +04:00)

According to updated outlook of the Fitch Ratings, surplus of current account of Azerbaijan's balance of payment will make up 23.7% of GDP, APA-Economics reports citing the Agency.

It is 15.8% more than the December forecast. It is noted that as an energy exporter, Azerbaijan will benefit from high prices and demand which will strengthen the country's foreign buffers.

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