Cost of Azerbaijani oil for 2023 is set at $50

09.12.2022,14:51


December 9, Fineko/abc.az. The State Budget for the next year sets the average annual price of a barrel of oil at $50.

ABC.AZ reports that this figure is reflected in the Bill on State Budget 2023 approved by Milli Majlis.
The draft forecasts State Budget deficit of AZN 2.579 bn, average annual inflation rate of 6.9%, real growth rate of GDP of 2.7%, and average monthly salary of 898 manats.