Moody’s forecasts Azerbaijan’s current account to be in surplus this year

Moody’s forecasts Azerbaijan’s current account to be in surplus this year
  • Clock-gray 19:34
  • calendar-gray 16 December 2020

Moody's Investors Service, according to the finals of this year, forecasts current account of the balance of payments of Azerbaijan will be in surplus and surplus to be at the level of 1,5% of GDP, APA-Economics reports citing Moody’s.

The previous forecast promised a deficit in the current account of the country and deficit to make up 2,6% of GDP.

Mirsaid İbrahimzade

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