Baku: In the medium term, the current account balance of Azerbaijan is projected to remain in surplus, APA reports. This projection is part of the draft law ‘On the State Budget of the Republic of Azerbaijan for 2026,’ which was discussed today during a meeting of the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship.

According to Azeri-Press News Agency, the draft outlines a projected current account surplus of $1.9 billion for the upcoming year. The surplus is expected to be $1.55 billion in 2027, $1.23 billion in 2028, and is anticipated to rise to $1.84 billion in 2029.

Furthermore, the draft indicates that the ratio of the current account balance to GDP is projected to be 2.4% for the next year. This ratio is expected to average 1.7% annually from 2027 to 2029, highlighting a consistent positive outlook for Azerbaijan’s economic trajectory.