Baku: The Central Bank of Azerbaijan (CBA) has revealed an improved economic growth forecast for the country’s non-oil sector. The announcement was made by the Chairman of the Central Bank, Taleh Kazimov, during a press conference.

According to Azeri-Press News Agency, the Central Bank has revised its economic growth forecast for the end of this year to 3.3% and has set the growth forecast for 2025 at 5.2%. This marks an improvement over the previous forecast for 2025, which was set at 5.1%. The updated figures highlight the CBA’s optimism regarding the performance of Azerbaijan’s non-oil sector.