Andrei Illarionov: Azerbaijan is not affected by the world financial crisis

Andrei Illarionov: Azerbaijan is not affected by the world financial crisis
# 20 April 2009 16:05 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Azerbaijan remains affected by global financial crisis, said Andrei Illarionov, a senior fellow at the US-based Cato Institute.

According to him, Azerbaijan enjoyed a 10.8% GDP growth rate in 2008 and expects 8-9% rise for this year.

“A country with such economic performance can’t be though of as a state affected by the global crisis,” he added.

Andrei Illarionov was former Economic Adviser to President Vladimir Putin.
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