Asian Development Bank has updated forecasts on GDP growth rate in Azerbaijan for 2019-2020, APA-Economics reports citing the report of ADB.
ADB has forecasted that Azerbaijani economy will increase by 2.5% in April of the current year, however, GDP growth rate is predicted to constitute 2.6% at the end of the year according to the new report. In 2020 this indicator is forecasted to be 2.4%, however, the bank has forecasted that the economy of Azerbaijan will increase by 2.7% according to the previous report.