Azerbaijani economy should orientate towards $25-30 for oil, CBA says

Read on the website Vestnik Kavkaza

The head of the Central Bank of Azerbaijan (CBA), Elman Rustamov, stated at a session of the Parliament that the country's economy should be built around a price of oil at 25-30 dollars per barrel.

"Right now, this is our main objective in terms of stabilization of the manat rate and the preservation of macroeconomic stability," Trend quoted him as saying.