Along with this, according to Asian Development Outlook 2017, the economy of Azerbaijan will grow 1.2% in 2018.
Bank says the inflation will make up 9% in 2017 (previous forecast – 5.2%) and 8% in 2018.
ADB says the surplus of Azerbaijan’s balance of payment will be 5.9% of GDP in 2017, 11.4% in 2018.
Azerbaijani government forecasts that the GDP will increase 1%, annual inflation will make up 7.3% in 2017.
In 2016 Azerbaijan’s GDP declined 3.8%, inflation stood at 12.4%.
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