BAKU, Azerbaijan, May 6. The outlook for the
current account balance (CAB) is positive in the medium term, and
the CAB surplus is expected to reach approximately $5.5 billion
this year, Taleh Kazimov, Chairman of the Central Bank of
Azerbaijan (CBA), said, Trend reports.


He made the announcement today at a press conference on interest
rate corridor parameters.


According to him, the current account surplus is expected to
amount to approximately $4.4 billion next year.







The medium-term outlook for the current account (CAB) is
positive. This year, the CAB surplus is expected to amount to
$2.8–3 billion.


In its latest forecast, the CBA announced that this year’s CAB
surplus will amount to $2.8–3 billion.