“The last two years were rather difficult and we had to change many of our forecasts in 2020 due to the coronavirus pandemic,” Sharifov noted.
"There was a gap between supply and demand, the first signs of the problem, now called the food crisis, began to form. Most of the predicted risk factors occurred in 2021," the minister said.
Meanwhile, the minister noted that nominal GDP of Azerbaijan increased in 2021.
Real GDP growth was projected at 3.4 percent, but amounted to 5.6 percent in 2021, added Sharifov.
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