ADB: Azerbaijan`s economy growth rate to accelerate up to 2.7%

03.04.2019,16:16


April 3, Fineko/abc.az. The Asian Development Bank (ADB) announced the forecasts for the development of Azerbaijan's economy in 2019.

According to Bank’s Asian Development Outlook 2019, the growth rate of Azerbaijan's economy this year will increase by 2.5% due to rise in state investments and consumption growth.

"With acceleration of extraction within project Shah Deniz 2, the growth rate of the economy will fasten up to 2.7% in 2020," the Outlook says.