Vusal Gasimli: "Azerbaijani economy to regress by 2.6% this year"

Vusal Gasimli: "Azerbaijani economy to regress by 2.6% this year"
  • Clock-gray 12:09
  • calendar-gray 22 June 2020

"Azerbaijani economy will regress by 2.6% this year, which is less in comparison with regress of the world economy and economies of oil-exporting countries of the Middle East and Central Asia", said Vusal Gasimli, Executive director of the Economic Reforms Analysis and Communication Center of the Azerbaijan Republic at the online meeting on the "Azerbaijani economy: "during pandemics and post-pandemic period" APA-Economics reports.

According to him, Azerbaijan is in a more favorable position from the impacts of the pandemics on the economic point of view: "However, in all cases, impacts of the pandemic on the economy are inevitable and all of us feel it in our lives. An action plan regarding the fight against pandemics has been adopted in Azerbaijan and the main block of the plan is firstly to minimize impacts of the pandemic on Azerbaijan's economy."

Huseyn Veliyev

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