EBRD: Tight monetary policy should continue in Azerbaijan

Wed 22 November 2017 10:01 GMT | 14:01 Local Time

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Azerbaijan’s economy will grow 2% in 2018 as a result of launch of Shahdeniz 2 and TANAP, European Bank for Reconstruction and Development said in its annual report.

According to the EBRD, Azerbaijan’s GDP will narrow 0.5% this year.
 
The bank also says that the government should continue tight monetary policy in order to maintain macroeconomic stability.

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