Bank Of Baku

Sustained economic growth may exempt Azerbaijan from fiscal measures

Sustained economic growth may exempt Azerbaijan from fiscal measures
# 05 June 2009 15:58 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. If Azerbaijan maintains economic growth in the subsequent years, it will not need to implement fiscal measures, said IMF representative in Azerbaijan Koba Gvenetadze.

According to him, costs have increased significantly in Azerbaijan over the past three years.
“However, the fiscal stimulus is important for Azerbaijan as other countries,” he added.
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