Paşha Bank
Bank Of Baku

Moody’s forecasts Azerbaijan’s budget to be executed wiht deficit during next two years

Moody’s forecasts Azerbaijan’s budget to be executed wiht deficit during next two years
# 08 September 2017 16:54 (UTC +04:00)

Azerbaijan’s public debt increased from 14.4% of GDP in 2014 to 50.7% in 2016, Moody's Investors Service said in an annual report today.  

 

According to Moody’s, this was caused by manat’s amortization and increase of state-guaranteed debts.


According to forecast, if the oil price makes up $45-55, the state budget may be executed with 1.8%-deficit in 2018 while it is 2.9% in 2017. 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED