The forecast of the European Bank for Reconstruction & Development (EBRD) has been updated.
banks.az informs that according to the forecast, Azerbaijan's economy will grow by 4% this year.
According to the Bank's report Regional Economic Prospects, in 2022 the country's GDP growth rate will be 3.2%.
EBRD's June forecast says that Azerbaijan's economy will increase by 2% this year and by 0.7% next year.
In 2020, the country's economy shrank by 4.3%.
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