11:59 - 28.04.2026

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April 28, Fineko/abc.az. Rising oil and gas prices will have positive impact on Azerbaijan’s external and public finances and may contribute to faster economic growth in 2026, ABC.AZ reports, citing Fitch Ratings.

The report states that amid the war in the Middle East, increasing hydrocarbon prices will strengthen Azerbaijan’s twin surpluses. According to the agency’s baseline scenario, the current account surplus will remain at 4.5% of GDP in 2026, while the consolidated budget surplus will reach 2.1% of GDP despite lower expected returns on the State Oil Fund's assets.