ADB says Azerbaijan's economy to grow by 2.2% this year

Kanan Sadigov
Post's author

The Asian Development Bank has upgraded its outlook of Azerbaijan's Gross Domestic Product (GDP) growth rate by 0.3% to 2.2%, Report informs, citing the bank's updated Asian Development Outlook.

According to the document, next year, Azerbaijan's GDP will be at the level of 2.5% (no changes).

Latest news

4 airports in Indonesia temporarily closed as Mount Lewotobi erupts 4 November, 2024 / 20:58
Arsenal sporting director Edu Gaspar set for exit 4 November, 2024 / 20:53
Russian meets with North Korean FM in Kremlin 4 November, 2024 / 20:49
COP29 public catering sustainability assessment complete 4 November, 2024 / 20:37
Azerbaijan, Russia explore current cooperation spheres 4 November, 2024 / 20:24
Azerbaijani FM holds telephone conversation with his Iraqi counterpart 4 November, 2024 / 20:16
ICESCO set for standout participation at COP29 in Azerbaijan 4 November, 2024 / 20:06
Azerbaijani ambassador discusses expanding co-op with Amman’s Mayor 4 November, 2024 / 19:49
CEC: Seven candidates to continue in Belarus presidential election race 4 November, 2024 / 19:34
Azerbaijan's Ministry of Digital Development, Transport reveals COP29 initiatives 4 November, 2024 / 19:19
St. Petersburg-Antalya flight faces lengthy delay due to technical issues 4 November, 2024 / 19:00
Azerbaijan Defense Minister pays official visit to Slovakia 4 November, 2024 / 18:42
AZSTAND: Application of national standard on ESG not mandatory 4 November, 2024 / 18:26
Frank Lampard lined up for surprise managerial return with European giants 4 November, 2024 / 18:09
Azerbaijani companies implementing ESG standard may receive loans at lower interests 4 November, 2024 / 17:54