Moody’s reveals first report on Azerbaijan

Baku. 16 December. REPORT.AZ/ Moody’s international rating agency says, Azerbaijan’s ‘Ba1’ rating with negative outlook reflects risks for economic growth in the country.

Report informs referring to annual analytical report on Azerbaijan’s credit rating released by Moody’s rating agency.

The document reveals decrease of investment perspectives due to decline of national currency, high inflation affecting purchasing power, reduction of consumption, weakness of banking sector as main reason of risks for economic growth.