IMF experts believe that the Azerbaijani government’s revenues will account for 34.5 percent of the GDP in 2017 that is equal to approximately $13.3 billion, while expenditures will account for 45 percent of the GDP ($17.37 billion). Meanwhile, the Fund expects that Azerbaijan’s revenues will account for 37.1 percent of GDP ($15.58 billion) in 2017 and 34.4 percent of GDP ($14.45 billion) – in 2018.
Meanwhile, according to the IMF, Azerbaijan’s export will total $17.8 billion in 2017 and will increase up to $19 billion in 2018.
The report also says that the current account balance will be $0.6 billion and $1.6 billion, respectively, in 2017 and 2018.
The International Monetary Fund opened its office in Baku in 1992.
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