Bank Of Baku

Moody’s: Azerbaijan's economy is strengthening, business opportunities are increasing

Moody’s: Azerbaijan
# 09 August 2022 18:25 (UTC +04:00)

Azerbaijan is overcoming the Russia-Ukraine crisis with a strong economic recovery supported by high oil and gas (hydrocarbon) prices, said Moody’s International Rating Agency, APA-Economics reports.

The agency considers that despite the strong trade relations of Azerbaijan with Russia, the conflict had a limited impact on the economy.

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