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Azerbaijan expects 6.8% economic growth in 2010

Azerbaijan expects 6.8% economic growth in 2010

02 November 2009 16:56 (UTC +04:00)

Baku. Nijat Mustafayev - APA-ECONOMICS. The Azerbaijani government predicts that the GDP growth rate will reach 12.9% at the end of 2009.

According to the government forecasts, with this real growth rate, the countryâ€™s GDP will reach AZN 30.697 billion, down 19.2% in market prices from a year ago.

According to the outlook for next years, GDP will reach AZN 31 825.5 million (real growth rate - 6.8%) in 2010, AZN 33 992.9 million (5.1%) in 2011, AZN 35 292.9 million (1.9%) in 2012, and AZN 38 162.1 million (5.8%) in 2013.

Azerbaijan’s GDP reached AZN 28 360.5 million (25%) in 2007, and AZN 38 005.7 million 10,8%) in 2008.

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