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EBRD updates its forecasts for economic growth in Azerbaijan
Finance
- 16 May, 2024
- 14:46
The European Bank for Reconstruction and Development (EBRD) predicts a 3.1% growth (0.6 percentage point more than the forecast in September) in Azerbaijan's real gross domestic product (GDP) in 2024 and 2.7% in 2025, Report informs.
The EBRD said in its Regional Economic Prospects that the economy of Eastern Europe and the Caucasus region, which includes Azerbaijan, will grow by 3.5% this year (+0.4 percentage points) and 4.9% next year.
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