IMF sharply reduces forecast on Azerbaijan's current account balance surplus

The International Monetary Fund (IMF) forecasts the ratio of the current account balance surplus to the gross domestic product (GDP) to be at 19.2% this year, 12.2 percentage points less than October’s outlook, Report informs, citing the IMF World Economic Outlook.

The Fund says this figure will be 17.4% next year, and 8% in 2028.