Azerbaijan's strategic foreign exchange reserves reach $91B

16:00 | 433

Currently, Azerbaijan's strategic foreign exchange reserves amount to $91 billion, Prime Minister Ali Asadov said at the plenary session of the Milli Majlis held today, SİA informs.

He recalled that last year the country's strategic foreign exchange reserves increased by approximately $14 billion, or 20%, exceeding $85 billion:

"This is 12% more than GDP and is one of the highest per capita reserve indicators in the world, exceeding the external public debt ($4.8 billion) by up to 18 times.

WhatsApp-da Səs Media Qrupu kanalını izləyin
Banner

Bütün xəbərlər Facebook səhifəmizdə

Other news

Economy

Lu Mei: China-Azerbaijan trade reached $420M in January

Economy

Mikayil Jabbarov: Middle Corridor is important for boosting regional integration

Economy

Azerbaijan's non-oil exports up nearly 20%

Economy

Another advantage for Birbank users: no need to scan receipts to receive VAT refunds

Economy

SOCAR President: Azerbaijan reinforces its position as regional energy hub

Economy

EIA releases oil production forecast for Azerbaijan for 2027

Economy

MP: Azerbaijan may earn more revenue from energy sales this year

Economy

Russian grain to be shipped to Armenia via Azerbaijan today

Economy

Azerbaijani oil price in global market nears $95

Economy

Azeri Light crude rises to $87.90 per barrel in global markets

Economy

Vučić: If Strait of Hormuz is not opened, oil prices will destroy us all'

Economy

Japan's prime minister warns of energy security risks due to Strait of Hormuz