Azerbaijani Central Bank announces current account balance forecast

BAKU, Azerbaijan, July 31. The current account
balance (CAB) forecast in Azerbaijan is positive in the medium
term, Chairman of the Central Bank of Azerbaijan (CBA), Taleh
Kazimov, said at a press conference held today on the interest rate
corridor parameters, Trend's correspondent reports from the
event.

He noted that this year, the CAB surplus is expected to be at
the level of $6.1 billion.

According to him, the CAB surplus for next year is expected to
be at the level of $5.2 billion.

At the last press conference, it was predicted that the CBA
surplus for this year will be at the level of $5.5 billion, and the
CBA surplus for next year will be at the level of $4.4 billion.