S&P improved its forecast for Azerbaijani economy

S&P improved its forecast for Azerbaijani economy
# 23 June 2021 17:07 (UTC +04:00)

S&P Global Ratings improved its forecast for Azerbaijani economy, APA-Economics reports citing the Agency.

"The operating environment for Azeri banks is improving, with forecast real GDP growth of 2.4% in 2021 and an average of 4.7% over 2022-2023 after an economic contraction in 2020 due to COVID-19," the Agency said.

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THE OPERATION IS BEING PERFORMED