Bank Of Baku

Central Bank forecasts economic growth in Azerbaijan to make 4.4% next year

Central Bank forecasts economic growth in Azerbaijan to make 4.4% next year
# 30 December 2014 14:16 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Economic growth in 2015 is forecasted to make 4.4% in Azerbaijan, APA-Economics reports quoting the statement issued by Central Bank of Azerbaijan.  

 

Central Bank forecasts that the growth on non-oil sector will be 8.2%: “According to forecasts, domestic investments will increase 6.1%, population’s cash expenses – 5.2% in 2015”.

 

The statement says Azerbaijan’s economy will continue to increase, execution of strategic development programs will be one of the significant factors influencing the economic growth. Investment activity and realization of export potential will play an important role in economic diversification.

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