15:12 - 21.12.2020

---

December 21, Fineko/abc.az. The price of oil in State Budget 2021 is set at the level of $40 per barrel.

ABC.AZ reports that this is reflected in the Draft Law on State Budget 2021.

It was also stressed that if, when calculating budget revenues for 2021, the sale price of a barrel of oil, envisaged at the level of $40, falls to $35, then as a result of the indirect impact of lower oil prices on the non-oil sector, the non-oil revenues of the State Budget may reduce the State Budget revenues as a whole by 1.3% compared with the forecast.