"S&P": Investment in Azerbaijani economy to increase this year

"S&P": Investment in Azerbaijani economy to increase this year
  • Clock-gray 16:08
  • calendar-gray 26 October 2020

The international rating agency S&P Global Ratings forecasts that the ratio of funds directed to the main capital of Azerbaijan to GDP will increase by 2.8 percentage points to 22.9% this year, according to the agency, APA-Economics reports.

It was stated that investments in the country's economy will gradually decrease in the period from 2021 to 2023 and will amount to 21,6%, 20,8%, and 19,7% of GDP, respectively.

Note that the previous year, funds directed to the main capital of the country's economy decreased by 2,3% to AZN 17,18 billion or 21% of GDP.

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