Fitch affirmed Azerbaijan’s rating, although breakeven oil price in its budget … – Azerbaijan Business Center


Azerbaijan Business Center
Fitch affirmed Azerbaijan's rating, although breakeven oil price in its budget
Azerbaijan Business Center
The breakeven oil price (needed to generate enough revenue to fully fund SOFAZ's on- and off-budget spending) has risen to above USD115/b and exceeds current oil prices. Maintaining a similar pace of spending growth would undermine the public

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