MP’s forecast: Budget price of oil to be brought up to $ 75

16:16 - 27.05.2024


May 27, Fineko/abc.az. Azerbaijan’s crude oil Azeri Light was traded on the world market for an average of $87.3 per barrel.

ABC.AZ reports that Tahir Mirkishili, chairman of the Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship, said about this during the discussion of the Bill on Execution of State Budget 2024 at today's meeting of the committee.

He added that taking into account this and other factors, it is expected that the price of oil in the budget will increase from $60 to $75.

In turn, Finance Minister Samir Sharifov said at the meeting that in four months of this year, revenues to the State Budget exceeded forecasts.