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EBRD: Tight monetary policy should continue in Azerbaijan


Azerbaijan’s economy will grow 2% in 2018 as a result of launch of Shahdeniz 2 and TANAP, European Bank for Reconstruction and Development said in its annual report.

 

According to the EBRD, Azerbaijan’s GDP will narrow 0.5% this year.

 

The bank also says that the government should continue tight monetary policy in order to maintain macroeconomic stability.

 

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