ADB: Azerbaijan’s economy to grow 1.5% next year

Tural Ibadli
Post's author

Azerbaijan’s economy to boost 0.5% this year, Report informs citing Asian Development Outlook 2020 by the Asian Development Bank (ADB).

According to the Outlook, the GDP will grow 1.5% in 2021.

ADB also forecasts 2.5% of inflation in 2020, 3.5% in 2021. 

Latest news

Northern Cyprus representative: Economic relations with Azerbaijan not at desired level 23 December, 2024 / 12:47
Seven dead in small plane crash in western Mexico 23 December, 2024 / 12:38
Kazakhstan to begin terminal construction at Alat port in 2025 23 December, 2024 / 12:29
President Ilham Aliyev: The Christian community holds a distinctive place in modern Azerbaijani society 23 December, 2024 / 12:22
Narmin Mirzayeva: Azerbaijan's experience in digital labor relations attracts attention from other countries 23 December, 2024 / 12:20
Over 50 Liberal MPs leave call with 'consensus' Justin Trudeau should step down: CBC 23 December, 2024 / 12:20
Philippine military says will acquire US Typhon missile system 23 December, 2024 / 12:15
Ali Ahmadov: Religious education strengthening important 23 December, 2024 / 12:11
Saudi Arabia announces resumption of embassy operations in Kabul 23 December, 2024 / 12:07
Trump picks billionaire Stephen Feinberg to be deputy defense secretary 23 December, 2024 / 11:56
ESG principles crucial for business entities, says KOBİA head 23 December, 2024 / 11:48
ASCO: Shahdag ferry repaired and returned to operation 23 December, 2024 / 11:47
Italy's largest bank to restrict euro payments from Russia to EU 23 December, 2024 / 11:42
Africa to be youngest continent by mid-21st century 23 December, 2024 / 11:38
Allahshukur Pashazada: Azerbaijan has unique example of interreligious and interfaith understanding 23 December, 2024 / 11:29