IMF updates Azerbaijan’s economic growth forecasts

Azerbaijan’s gross domestic product (GDP) will grow by 3% this year, and by 2.3% in 2022.

As Report informs, this is stated in the October release of the International Monetary Fund’s (IMF) Recovery During a Pandemic report.

We should note that the IMF’s April forecast defined the rates of economic growth in Azerbaijan at the level of 2.3% and 1.7%, respectively.