According to the document, 83 percent of Azerbaijan’s GDP will account for the private sector.
In 2016, Azerbaijan’s GDP decreased by 3.1 percent. The Azerbaijani government expects that this year, the country’s economy will grow 0.3 percent and will continue growing until 2021.
GDP volume and its growth for 2017-2021:
Incomes of Azerbaijan’s state budget for 2018 are projected at 20.127 billion manats (including centralized incomes - 19.476 billion manats, local incomes - 650.671 million manats), expenditures are projected at 20.905 billion manats (including centralized expenses - 20.182 billion manats, local expenses - 724.092 million manats).
It is projected that Azerbaijan’s state budget for 2018 will be based on oil price of $45 per barrel.
The official exchange rate for Oct. 20 is 1.7001 AZN/USD.
More about: #GDP #Azerbaijan
