Azerbaijan news

The fate of the manat was clarified

Strengthening coordination of fiscal and monetary policies in order to maintain macroeconomic stability in 2023 national the exchange rate of the currency will be supported to remain stable as in the current year.

This was stated in the statement on the preliminary indicators of the state and general budgets of 2023.

It is noted that in the macroeconomic forecasts presented by the Ministry of Economy for the years 2023-2026, the manat USA The exchange rate against the dollar was taken at the level of 1.7 manats.

At the same time, inflation adjustment of the level of the population in the medium term social will also have a positive effect on welfare indicators. According to the forecasts, the income of the population will increase in the next year and the following three years, reaching 91.9 billion in 2026. 89.2 manats and expenses billion it is expected to rise up to manat.

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