IMF: Current account balance to make up 5.6% of GDP in Azerbaijan this year

IMF: Current account balance to make up 5.6% of GDP in Azerbaijan this year
  • Clock-gray 10:57
  • calendar-gray 18 April 2018

Growth projections for 2018 have been revised up for Azerbaijan to 2.0 percent (0.7 percentage point higher than in the October) on higher public investment, International Monetary Fund (IMF) reported.

 

According to IMF, GDP is expected to increase by 3.9% in 219: ‘Consumer prices will make up 7% this year, 6% in 2019. Moreover, current account balance will make up 5.6% of GDP in Azerbaijan this year, 7% in 2019’. 

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