Azerbaijan`s GDP growth rate to make 3% in 2015

  22 September 2015    Read: 1290
Azerbaijan`s GDP growth rate to make 3% in 2015
The Asian Development Bank predicts Azerbaijan`s GDP growth rate to make 3% in 2015 and 2.8% in 2016.

The report `Asian Development prospects for 2015` notes that the lower export revenues due to low oil and gas prices curb the growth in Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan,AzVision.az reports.

"Inflation in the region is predicted to be 8.1% in 2015 and 7.5% in 2016," the report says.
By the forecast, inflation rate in Azerbaijan will make 6% in 2015 and 5.5% in 2016.

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