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Oil prices will be taken from $50 in the 2023 budget

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Oil prices will be taken from $50 in the 2023 budget

In the next year's state budget, the price of one barrel of oil will be equal to 50 US dollars.

Axar.az reports that this is indicated in the draft law "On the 2023 state budget of the Republic of Azerbaijan" submitted to the Milli Majlis.

Taking into account the volatility of oil prices in the commodity markets, based on a more conservative approach, when the state budget is prepared in 2023, the price of one barrel of oil is taken to be equal to 50 US dollars.
Date
2022.10.25 / 12:22
Author
Zuleykha Aghasieva
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