\n
\n \u201c\u00d6lk\u0259y\u0259 xaricd\u0259n valyuta ax\u0131n\u0131nda \u0259mt\u0259\u0259 sat\u0131\u015f\u0131ndan y\u00fcks\u0259k as\u0131l\u0131l\u0131q x\u00fcsusi vur\u011fulan\u0131r\u201d
\n <\/i>\n<\/p>\n
\n \u201cFitch\u201d Beyn\u0259lxalq Kredit Agentliyi h\u0259m Az\u0259rbaycan\u0131n, h\u0259m d\u0259 d\u00f6vl\u0259t \u015firk\u0259ti kimi SOCAR-\u0131n reytinqini yenil\u0259yib.\n<\/p>\n
\n SOCAR-\u0131n reytinqi sonuncu d\u0259f\u0259 2019-cu ilin mart\u0131nda t\u0259sdiql\u0259nmi\u015fdi.\n<\/p>\n
\n \u0130qtisad\u00e7\u0131 R\u00f6v\u015f\u0259n A\u011fayev deyir ki, beyn\u0259lxalq agentlikl\u0259rin reytinqi h\u0259m bilavasit\u0259 d\u00f6vl\u0259tin \u00f6z\u00fcn\u0259, h\u0259m d\u0259 onun ayr\u0131ca g\u00f6t\u00fcr\u00fclm\u00fc\u015f subyektin\u0259 verilir. X\u00fcsusil\u0259 d\u0259 m\u0259rk\u0259zi h\u00f6kum\u0259td\u0259n avtonom \u015f\u0259kild\u0259 xarici borc almaq ist\u0259y\u0259n \u015firk\u0259tl\u0259r, ayr\u0131ca g\u00f6t\u00fcr\u00fclm\u00fc\u015f yerli \u00f6z\u00fcn\u00fcidar\u0259 qurumlar\u0131 v\u0259 ya maliyy\u0259 t\u0259sisat\u0131 \u00fc\u00e7\u00fcn bel\u0259 reytinq \u00e7ox \u00f6n\u0259mlidir:\n<\/p>\n
\n \u201cKredit reytinql\u0259ri subyektin \u00f6z \u00f6hd\u0259likl\u0259rini yerin\u0259 yetirm\u0259 qabiliyy\u0259tini, m\u00fcmk\u00fcn maliyy\u0259 v\u0259 iqtisadi riskl\u0259ri qiym\u0259tl\u0259ndirir. X\u00fcsusil\u0259 d\u0259 beyn\u0259lxalq maliyy\u0259 bazarlar\u0131ndan borclanmaq ist\u0259y\u0259n subyektl\u0259rin bel\u0259 reytinql\u0259r\u0259 malik olmas\u0131 \u015f\u0259rtdir\u201d.\n<\/p>\n
\n Az\u0259rbaycan\u0131n reytinqin\u0259 g\u0259linc\u0259, bu d\u0259f\u0259 reytinqi invetisiya deyil, spekulyativ s\u0259viyy\u0259y\u0259 uy\u011fundur. BB+ s\u0259viyy\u0259sind\u0259 t\u0259sdiql\u0259nib. Agentliyin 4 pill\u0259li (A,B, C, D) d\u0259r\u0259c\u0259l\u0259ndirilm\u0259sind\u0259 bu s\u0259viyy\u0259 "spekulyativ \u0259lam\u0259tl\u0259rl\u0259 riskli \u00f6hd\u0259likl\u0259r" kimi t\u0259snifl\u0259ndirilib.\n<\/p>\n
\n Hesabatda qeyd edilir ki, \u00f6lk\u0259nin \u0259lveri\u015fli xarici balansa v\u0259 a\u015fa\u011f\u0131 d\u00f6vl\u0259t borcuna malik olmas\u0131 g\u00fccl\u00fc, lakin t\u0259bii resurslardan y\u00fcks\u0259k as\u0131l\u0131l\u0131\u011f\u0131, idar\u0259etm\u0259 sisteminin z\u0259if g\u00f6st\u0259ricil\u0259r\u0259 malik olmas\u0131, bank sektorunun z\u0259ifliyinin davam etm\u0259si z\u0259if t\u0259r\u0259fl\u0259rdir. Fiskal qaydan\u0131n t\u0259tbiqi, borc strategiyas\u0131n\u0131n q\u00fcvv\u0259y\u0259 minm\u0259si v\u0259 qeyri-neft b\u00fcdc\u0259 k\u0259sirinin h\u0259d\u0259fl\u0259nm\u0259si pozitiv add\u0131mlar kimi qeyd olunur.\n<\/p>\n
\n \u201cG\u00f6zl\u0259nti budur ki, neftin qiym\u0259tinin nisb\u0259t\u0259n a\u015fa\u011f\u0131, sosial x\u0259rcl\u0259rin daha y\u00fcks\u0259k olmas\u0131 2020-2021-ci ill\u0259rd\u0259 fiskal profisitin \u00dcDM-\u0259 nisb\u0259tini 4.2 faiz\u0259 enm\u0259sin\u0259 s\u0259b\u0259b olacaq. Halbuki 2019-da bu r\u0259q\u0259m 6 faiz \u0259traf\u0131nda idi\u201d, \u2013 R\u00f6v\u015f\u0259n A\u011fayev deyir.\n<\/p>\n
\n \u0130qtisad\u00e7\u0131 \u0259lav\u0259 edir ki, xarici borcun \u00dcDM-\u0259 nisb\u0259ti 18.9 faizdir. Bu, "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd\u0259n (38.4%) \u0259h\u0259miyy\u0259tli d\u0259r\u0259c\u0259d\u0259 a\u015fa\u011f\u0131d\u0131r:\n<\/p>\n
\n \u201cLakin d\u00f6vl\u0259t z\u0259man\u0259til\u0259 al\u0131nan v\u0259 "\u015f\u0259rti \u00f6h\u0259dlik" hesab olunan borclar daha b\u00f6y\u00fckd\u00fcr. Onlar\u0131n \u00dcDM-\u0259 nisb\u0259ti 31 faizdir. Y\u0259ni bu g\u00f6st\u0259rici n\u0259z\u0259r\u0259 al\u0131nd\u0131qda d\u00f6vl\u0259t sektorunun borcunun \u00dcDM-\u0259 nisb\u0259ti 50 faiz t\u0259\u015fkil edir\u201d.\n<\/p>\n
\n Hesabata g\u00f6r\u0259, \u015f\u0259rti \u00f6hd\u0259likl\u0259r \u0259sas\u0259n Beyn\u0259lxalq Bank\u0131n borclar\u0131 v\u0259 qaz layih\u0259l\u0259ril\u0259 ba\u011fl\u0131d\u0131r.\n<\/p>\n
\n R\u00f6v\u015f\u0259n A\u011fayev deyir ki, d\u00f6vl\u0259t borclar\u0131n\u0131n 94 faizi xarici valyutadad\u0131r. Bu, "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd\u0259n (60.7%) xeyli y\u00fcks\u0259kdir:\n<\/p>\n
\n \u201c\u00d6lk\u0259y\u0259 xaricd\u0259n valyuta ax\u0131n\u0131nda \u0259mt\u0259\u0259 sat\u0131\u015f\u0131ndan y\u00fcks\u0259k as\u0131l\u0131l\u0131q x\u00fcsusi vur\u011fulan\u0131r. Az\u0259rbaycanda bu 67.2 faiz, "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd 21.8% t\u0259\u015fkil edir\u201d.\n<\/p>\n
\n Hesabata g\u00f6r\u0259, \u00f6lk\u0259d\u0259 real iqtisadi art\u0131m (2%) "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd\u0259n (4%) 2 d\u0259f\u0259 a\u015fa\u011f\u0131d\u0131r.\n<\/p>\n
\n Az\u0259rbaycanda geni\u015f pul k\u00fctl\u0259sinin \u00dcDM-\u0259 nisb\u0259ti 33.7 faiz, "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd 47.7 faizdir.\n<\/p>\n
\n H\u00f6kum\u0259tin xarici borclara xidm\u0259t x\u0259rcl\u0259rinin onun icmal g\u0259lirl\u0259rin\u0259 nisb\u0259ti 1.8 faizdir. R\u00f6v\u015f\u0259n A\u011fayev deyir ki, bu, "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd\u0259n (9.2%) \u0259h\u0259miyy\u0259tli d\u0259r\u0259c\u0259d\u0259 a\u015fa\u011f\u0131d\u0131r:\n<\/p>\n
\n \u201cXalis suveren xarici aktivl\u0259rin (h\u00f6kum\u0259tin xarici aktivl\u0259rinin v\u0259 \u00f6hd\u0259likl\u0259rinin nisb\u0259ti) \u00dcDM-d\u0259 pay\u0131 79.5 faizdir. Halbuki "BB" s\u0259viyy\u0259si \u00fc\u00e7\u00fcn haz\u0131rk\u0131 medaian h\u0259dd -2.5 faiz t\u0259\u015fkil edir\u201d.\n<\/p>\n
\n R\u00f6v\u015f\u0259n A\u011fayev \u0259lav\u0259 edir ki, hesabatda h\u0259m d\u0259 Beyn\u0259lxalq Bank\u0131n m\u0259nf\u0259\u0259tinin v\u0259 kapitalizasiyas\u0131n\u0131n artmas\u0131, aktivl\u0259rinin keyfiyy\u0259tinin y\u00fcks\u0259lm\u0259si qeyd edilir:\n<\/p>\n
\n \u201cAmma h\u0259l\u0259 d\u0259 b\u00f6y\u00fck h\u0259cmd\u0259 (800 mln. USD) a\u00e7\u0131q valyuta m\u00f6veyin\u0259 malik oldu\u011fu da qeyd edilir. 2017-ci ild\u0259 h\u0259min r\u0259q\u0259m 1.7 mlrd. dollar idi\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
Hesabatda qeyd edilir ki, \u00f6lk\u0259nin \u0259lveri\u015fli xarici balansa v\u0259 a\u015fa\u011f\u0131 d\u00f6vl\u0259t borcuna malik olmas\u0131 g\u00fccl\u00fc, lakin t\u0259bii resurslardan y\u00fcks\u0259k as\u0131l\u0131l\u0131\u011f\u0131, idar\u0259etm\u0259 sisteminin z\u0259if g\u00f6st\u0259ricil\u0259r\u0259 malik olmas\u0131, bank sektorunun z\u0259ifliyinin davam etm\u0259si z\u0259if t\u0259r\u0259fl\u0259rdir.<\/p>\n","protected":false},"author":11,"featured_media":127205,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[53],"tags":[],"class_list":["post-199000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iqtisadiyyat","infinite-scroll-item","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"acf":[],"yoast_head":"\n