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ING Group improves Azerbaijan's economic growth forecast
Finance
- 09 August, 2024
- 14:29
The Netherlands' largest banking group, ING Group, has set an optimistic economic growth forecast for Azerbaijan, projecting a 3.8% increase in 2024, 2.5% in 2025, and 2.8% in 2026.
According to Report, which cites the company, the forecast for the current year has been raised by 1% compared to ING's previous projections, while the outlooks for the subsequent years remain unchanged.
The country's government has also set ambitious targets, expecting GDP growth of 2.4% in 2024 and 2.9% in 2025.
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