Tuesday, 02 January 2024 12:17 GMT

Fitch: Iran Conflict Could Boost Azerbaijan's Export And Budget Revenues


(MENAFN- AzerNews)

Rising energy prices triggered by escalating tensions around Iran could generate additional export and fiscal revenues for Azerbaijan, according to an assessment by Fitch Ratings. The agency emphasized that Azerbaijan has one of the highest shares of fossil fuel exports in GDP among selected developing economies. In particular, net fossil fuel exports account for...

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