EBRD: Tight monetary policy should continue in Azerbaijan

EBRD: Tight monetary policy should continue in Azerbaijan
  • Clock-gray 08:12
  • calendar-gray 22 November 2017

Azerbaijan’s economy will grow 2% in 2018 as a result of launch of Shahdeniz 2 and TANAP, European Bank for Reconstruction and Development said in its annual report.

 

According to the EBRD, Azerbaijan’s GDP will narrow 0.5% this year.

 

The bank also says that the government should continue tight monetary policy in order to maintain macroeconomic stability.

 

Other news