Bank Of Baku

Azerbaijan's Central Bank reveals its economic growth forecast

Chairman of the Central Bank Taleh Kazimov

© APA | Chairman of the Central Bank Taleh Kazimov

# 22 January 2025 11:25 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) has improved its economic growth forecast for the non-oil sector, the Chairman of the Central Bank Taleh Kazimov said at a press conference held today, APA-Economics reports.

He said that the Central Bank's economic growth forecast for the end of this year is 3.3% for 2025.

The economic growth forecast for the non-oil sector has been set at 5.2% for this year.

The CBA's previous forecast for 2025 was 5.1%, respectively.

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