Moody’s: Azerbaijan’s economy to grow 2% in 2019

Thu 22 February 2018 11:10 GMT | 15:10 Local Time

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Economic growth in Azerbaijan will make up 1.5% in 2018, 2% in 2019, Moody’s reported.

‘According to preliminary estimates, Azerbaijan's economy expanded 0.1% in 2017 we expect that inflation will stabilize at around 5-6% as confidence in the stability of the exchange rate grows’, the agency said.

The agency also said that surplus in balance of payment will be equal to 2.3% of GDP in 2018, 3.8% in 2019. 




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