Azerbaijan's economic growth rate exceeds global average

Azerbaijan's economic growth rate exceeds the global average, said Vusal Gasimli, the executive director of the Center for Analysis of Economic Reforms and Communication, Report informs.

Gasimli hailed the country's investment grade rating (from international agency Fitch), as well as the fact that the net external creditor position exceeds 150% of gross domestic product (GDP), and net government assets are more than 70% of GDP.

According to Gasimli, these indicators create opportunities for attracting investments and developing innovations.