Fitch presents forecast: Azerbaijan’s economy to grow

12:48 - 8.10.2021


October 8, Fineko/abc.az. Fitch Solutions forecasts that Azerbaijan’s economy will grow by 2.5% in 2021 and by 3.3% in 2022.

ABC.AZ reports that given the steady demand for oil and gas, the economic recovery processes currently underway in continental Europe will have positive impact on the statistics of Azerbaijan's external balance. But demand in the local market will recover at a slow pace due to the COVID-19 pandemic.

 

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