IMF: Azerbaijan’s economy to grow by 3.4% this year
Finance
- 10 April, 2019
- 05:21
Add Report.az to preferred Google sources
Stay up to date with the top news!
Real economic growth in Azerbaijan will be 3.4% this year, 3.1% in 2020 and 1.7% in 2024, Report informs citing IMF World Outlook.
According to the outlook, this figure was 1.4% in 2018.
‘Inflation made up 2.3% in 2018. It will be 2.5% in 2019-2020, 3% in 2024’, the IMF said.
IMF also says that current account balance will be 11.7% in 2019, 13.3% in 2020 and 12.8% in 2024, while it was 12.6% in 2018.
Unemployment level will remain unchanged at 5%.
Latest News
12:09
Japan to provide radar system, unmanned planes to Philippine military
Other countries
11:50
Niagara Falls illuminated in colors of Azerbaijani flag
Foreign policy
11:39
Anaerobic digestion plants for producing biogas from waste to be built in Azerbaijan
Industry
11:32
Photo
Military march starts in Azerbaijan's Nakhchivan for National Flag Day
Military
11:28
Photo
Military marches held in Baku to celebrate National Flag Day
Military
11:20
Azerbaijan plans to completely replace gas heating with heat pumps by 2060
Infrastructure
11:01
Azerbaijan plans to achieve net-zero emissions balance in agriculture, forestry sector by 2060
AIC
10:41
GL Group, SLB mull prospects for collaboration in Azerbaijan's oil, gas sector
Energy
10:23
EU congratulates Azerbaijan on National Flag Day
Foreign policy