IMF sharply reduces forecast on Azerbaijan's current account balance surplus
Finance
- 11 April, 2023
- 14:52
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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.
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