Within the 2024 state funds of Azerbaijan, the common export worth of one barrel of “Azeri Gentle” logo oil is predicted to extend by means of 15 US bucks.
Publika.az In step with the Ministry of Finance, adjustments had been made to the bottom situation of the macroeconomic forecast of the ministry, the common annual export worth of 1 barrel of oil has larger from 60 US bucks to 75 US bucks (assuming the real gross sales costs for the ultimate duration of the yr and 70 US bucks for the remainder of the yr, allowing for the former forecast 15 USD extra) has been raised. In 2024, GDP will achieve 121.3 billion manats (3 billion manats greater than the forecast introduced right through the drafting of the state funds), together with non-oil GDP will achieve 84.7 billion manats (greater than the forecast introduced right through the drafting of the state funds 0.6 billion manats greater than anticipated) is anticipated to achieve.
The up to date macroeconomic forecast, fertile worth dynamics on the planet oil markets, the real state of implementation of state funds revenues previously duration of the present yr and the opportunity of the use of further fiscal area within the state funds create stipulations for revising the income forecast for 2024.
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