Baku. Musa Ahmadov - APA-Economics. Geopolitical tensions aggravated, economic trade and economic activity weakened, Chairman of the Central Bank of Azerbaijan Elman Rustamov said during the discussion of 2016 state budget package at the plenary meeting of Azerbaijani Parliament.
According to him, trade, exchange rate and currency wars in the world have become strained.
Rustamov noted that oil prices will be low in the next years: “Balance of payment by the end of 2015 is expected to make $2 bln while it was $17 bln in 2011”.