Azerbaijan does not plan niether additional support for its currency, nor the privatization of SOCAR.
Edited by Rhod Mackenzie / 2016-01-22 07:14:17
The authorities of Azerbaijan in terms of falling prices for its main export product – oil – did not intend to make any additional efforts to support the national currency, or to privatize the state oil company SOCAR - the strategic asset, the Azerbaijani President Ilham Aliyev told RIA Novosti on the sidelines of the Davos Economic Forum.
Oil revenues account for about 90% of the Azerbaijani export.