The international rating agency "Moody's" has updated its economic growth forecast for Azerbaijan, APA-Economics reports.
The agency has predicted a 3% growth rate in real GDP in Azerbaijan in 2026.
"Moody's" expects the Azerbaijani economy to grow by 2.5% in 2027.
It should be noted that the rating agency had previously set economic growth for 2025 at 1.5%. In other words, the agency's expectations for the current year are more positive than those of other foreign financial institutions and organizations.
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