World Bank reveals its forecast on Azerbaijan's budget deficit

World Bank reveals its forecast on Azerbaijan's budget deficit
  • Clock-gray 14:59
  • calendar-gray 31 March 2021

According to a new forecast of the World Bank, the ratio of the deficit of Azerbaijan's consolidated budget to GDP will make up 2.5%, APA-Economics reports citing World Bank's newly-published report on the region.

The Bank forecasts that the balance of the consolidated budget will return to profit and to be 2.8% of GDP in 2022, 4% in 2023.

Mirsaid İbrahimzade

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