PM: Azerbaijan's strategic currency reserves have reached $67B

Azerbaijan's strategic currency reserves have reached $67 billion, which is 14.5% more than at the beginning of the year, Prime Minister Ali Asadov said at the extended meeting of the Cabinet of Ministers held to discuss the draft state budget and consolidated budget of Azerbaijan for 2024 and the indicators of the consolidated budget for the next three years, as well as the concept of socio-economic development of Azerbaijan and forecast indicators for 2024 and the next three years, Report informs.

According to Asadov, the financial situation of the country has improved significantly:

"In the past period of this year, the creation of a surplus of the foreign trade balance, the reduction of foreign debt and the high implementation of budget revenues were evaluated as very positive results."