Bank Of Baku

IMF: In spite of oil price decline, economic growth rate in Azerbaijan will remain stable in 2015

IMF: In spite of oil price decline, economic growth rate in Azerbaijan will remain stable in 2015
# 18 May 2015 13:52 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. The economic growth rate in Azerbaijan is expected to 0.6% in 2015, International Monetary Fund reported.

 

According to IMF, reviving of Russia’s economy and rebound of oil prices will lead to economic growth rate in Azerbaijan rising to 2.5%.

 

The Fund also forecasts that the growth rate in the oil exporting countries of the region will reduce 2% to 3.5% in 2015.

 

 

 

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