ADB improves Azerbaijan's economic growth forecast

ADB improves Azerbaijan
# 25 September 2024 09:09 (UTC +04:00)

The Asian Development Bank (ADB) has improved the economic growth forecast of Azerbaijan, APA-Economics reports citing September issue of the Bank's "Development Prospects of Asia".

ADB increased its forecast for real GDP growth in Azerbaijan from 1.2% to 2.7% this year, and from 1.6% to 2.6% in 2025.

In other words, ADB has improved the forecast of economic growth by 1.5% and 1% respectively.

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