Tag: economy of Azerbaijan

Government Calculated State Budget Revenues for 2021 Based on Negative Scenario

The government of Azerbaijan calculated state budget revenues for 2021 based on the average export oil price of $ 35 per barrel. This was reported…

Exports from Shah Deniz-2 Not to Bring Big Income

The economy of Azerbaijan is highly dependent on hydrocarbons. In an era of low oil and gas prices, the economy is unlikely to grow rapidly…


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