Bank Of Baku

Central Bank: Economic growth perspectives worsen in partner countries with Azerbaijan

Central Bank: Economic growth perspectives worsen in partner countries with Azerbaijan
# 14 May 2015 13:19 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Economic growth perspectives are worsening in partner countries with Azerbaijan, said the Central Bank’s spokesman Azer Alesgerov.  

 

He noted that economic growth in 15 partner countries made 1.5% in 2014 and is expected to fall 0.8% in 2015.

 

“This is mainly related to worsening of economic situation in Russia. Russia is expected to face 3.8%-recession this year. In this circumstance, international credit rating is also expected to reduce in some partner countries”, Alesgerov said.

 

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