Central Bank: We forecast 3.5-4% economic growth in Azerbaijan this year

Taleh Kazimov, the chairman of the Central Bank of the Republic of Azerbaijan

© APA | Taleh Kazimov, the chairman of the Central Bank of the Republic of Azerbaijan

# 01 May 2024 11:23 (UTC +04:00)

The Central Bank of the Republic of Azerbaijan has forecasted that economic growth in Azerbaijan will be 3.5-4% by the end of 2024, said Taleh Kazimov, the chairman of CBAR during the press conference he held today, APA-Economics reports.

He said that non-oil GDP will increase by 5.5% this year.

“3% of GDP and 5-6% of non-oil GDP are forecasted,” – the chairman added.

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