Baku 23° C
EBRD updates its forecasts for economic growth in Azerbaijan
Finance
- 27 September, 2023
- 06:12
The European Bank for Reconstruction and Development (EBRD) predicts a 1.5% growth (1 percentage point less than the forecast in May) in Azerbaijan's real gross domestic product (GDP) in 2023, and 2.5% in 2024 (-0.2 percentage points), 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 1.9% this year (forecast unchanged) and 3.1% (-0.2 percentage points) next year.
Author
Latest News
23:56
Yaşar Güler: Heroism of martyrs and veterans is the strongest guarantee for Türkiye and Azerbaijan
Region23:48
Schools in 48 remote villages switch to distance learning this year
Education and science23:41
Bloomberg: US automakers urge Trump to ban imports of Chinese cars
Other countries23:27
Azerbaijan to introduce specialized education model in 90 more schools
Education and science23:17
Čeferin calls on Infantino to pay €8.75 million to each FIFA member association
Football22:56
The Hill: Trump to sign bill on anti-Russia sanctions overnight Friday to Saturday
Other countries22:41
Trump says Iran wants to reach deal with US
Other countries22:22
Azerbaijan arranges discussion on rights of landmine victims at UN
Foreign policy22:05