admin April 28, 2021

According to updated forecasts of the Asian Development Bank (ADB), Azerbaijan’s economy will grow by 1.9% this year, APA-Economics reports citing newly-published report of the ADB entitled “Asian Development Outlook (ADO) 2021: Financing a Green and Inclusive Recovery”.

According to the report, main drivers of economic growth will be higher prices of hydrocarbons. The growth rate of the GDP is expected to accelerate and reach 2.5% in 2022 in the country.

Source: Azeri-Press News Agency