The International Monetary Fund (IMF) forecasts 3% growth in the gross domestic product (GDP) of Azerbaijan, up 0.5 percentage points from October’s outlook, Report informs, citing the IMF.
The Fund expects Azerbaijan’s economy to grow 2.6% next year and in 2028.
The Azerbaijani government predicts the GDP to grow by 2.7% in 2023, and 4.1% in 2024.