The International Monetary Fund (IMF) has revised its 2025 global growth forecast downward, citing rising trade tensions and the economic fallout from newly imposed tariffs by the United States.

Real GDP growth data from the first eight months of 2024 show surprisingly strong activity, prompting an upward revision to Fitch Solutions’ full-year forecast from 2.5% to 3.1%, this was stated in a country report by Fitch Solutions (FS), a company belonging to Fitch Group, News.az reports.

S&P Global Ratings international credit rating agency announced its expectations regarding economic growth in Azerbaijan.