EBRD announced the economic growth forecast of Azerbaijan for this year

EBRD announced the economic growth forecast of Azerbaijan for this year
# 16 February 2023 11:02 (UTC +04:00)

The European Bank for Reconstruction and Development (EBRD) predicted a 2.5% increase in real GDP in Azerbaijan in 2023, APA-Economics reports citing the report of EBRD.

"The main risks relate to persistent inflation, a potential drop in energy prices, and structural weaknesses in the economy. In the coming years, however, Azerbaijan may benefit from additional investments in the gas industry." the report reads.

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