The Asian Development Bank (ADB) has improved the economic growth forecast of Azerbaijan, APA-Economics reports citing September issue of the Bank’s “Development Prospects of Asia”.
ADB increased its forecast for real GDP growth in Azerbaijan from 1.2% to 2.7% this year, and from 1.6% to 2.6% in 2025.
In other words, ADB has improved the forecast of economic growth by 1.5% and 1% respectively.
Source: Azeri-Press news agency