Azerbaijan forecasts current account surplus up to $17 billion in 2012
Azerbaijan forecasts the current account surplus of the balance of payments will stand at $16-17 billion by late 2012, chairman of the Azerbaijani Central Bank Elman Rustamov said at a meeting of the Cabinet of Ministers held on Wednesday under the chairmanship of Azerbaijani President Ilham Aliyev.
The current World Bank portfolio in Azerbaijan includes 20 projects with a total cost of $2.3bn.