Bank Of Baku

ADB improves its outlook on Azerbaijan's economic growth

ADB improves its outlook on Azerbaijan
# 21 September 2022 09:20 (UTC +04:00)

Asian Development Bank (ADB) improved the growth forecast for the gross domestic product (GDP) in Azerbaijan in 2022, APA-Economics reports quoting the September issue of the Bank's "Asian Development Outlook" report.

According to the report, the Bank has set the GDP growth forecast compared to the April forecast, 4.2% increasing by 0.5 percentage points. For 2023, this figure was not changed by 2.8%.

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