CBAR Governor Projects $5.5 Billion Current Account Surplus — Macroeconomic Outlook

20:08 - 4.11.2026


November 4, Fineko/abcnews. Speaking at a parliamentary committee hearing on the 2027 state budget draft, Taleh Kazimov, Governor of the Central Bank of Azerbaijan (CBAR), presented the central bank's October macroeconomic forecast.

According to CBAR's baseline scenario, the current account surplus for 2027 is expected to hover around $5.4–$5.5 billion, playing a critical role in maintaining foreign exchange market stability. Furthermore, overall GDP growth is projected at 2.3%, non-oil GDP growth at 4.3%, and annual inflation within target at 5.9%.