12:24 - 15.12.2022

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December 15, Fineko/abc.az. The Central bank has published the balance of payments indicators for Jan-Sept 2022.

ABC.AZ reports that the balance of payments for the first 9 months of 2022 was largely affected by a significant increase in oil & gas prices and non-oil & gas exports on world commodity markets.

That is, the main reason for income growth is sale of oil & gas and the high level of their prices.

As a result, there was surplus of $17.7 bn on the current account of the balance of payments, and deficit of $9.6 bn on the capital and finance account. Thus, reserve assets grew by $7.6 bn.