( MENAFN - Trend News Agency) BAKU, Azerbaijan, September 12. While the Middle Corridor's development will require more budget expenditure, a track record of fiscal prudence and some fiscal capacity from lower debt levels relative to rated peers suggest modest fiscal implications, Trend reports with reference to Moody's. "Longer-term, improved economic prospects and diversification benefits could support a wider revenue base, while improving fiscal resilience to shocks," the latest report by Moody's reveals. The rating agency's analysts note that the core economies along the Middle Corridor, namely Azerbaijan, Georgia and Kazakhstan have maintained fiscal soundness, despite the significant resources required by infrastructure upgrades. "State-owned enterprises (SOEs) have borne a significant share of the burden, primarily the railway companies.