Finance Minister: Nonoil GDP to grow to AZN 65.7 bn


June 20, Fineko/ The Parliamentary Committee on Economic Policy, Industry & Entrepreneurship has held a meeting today.

ABC.AZ reports that addressing to the meeting, Finance Minister Samir Sharifov emphasized that by the end of this year, GDP production in Azerbaijan in nominal terms will reach AZN 115.4 bn and the real growth rate is 5.5%.

He added that nonoil GDP is also expected to grow to AZN 65.7 bn in nominal terms: "During this period the average annual inflation in Azerbaijan is expected at 12.5%."