International organization published forecast on economic growth in Azerbaijan

12:36 - 15.04.2024

April 15, Fineko/ International Corporation of Banking & Financial Services of the Netherlands ING (Internationale Nederlanden Groep) has updated its forecast on economic growth in Azerbaijan.

ABC.AZ reports that ING has determined the forecast of GDP growth for Q2 of this year at the level of 2.5% and for Q3 - at the level of 2.0%.

The corporation lowered its forecast for the last quarter of the year to 1.5%.

In general, the corporation has set a forecast on Azerbaijan's GDP growth at 2.5% this year, and at 2.7% next year.