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Azerbaijan Caucasus Monitoring

Moody’s forecasts 3% growth rate for Azerbaijan’s economy next year

Azerbaijan’s economy grew 0.1% in 2018 following 3.1%-decline in 2016, Peter Paklin, Assistant Vice President at Moody’s Investors Service, said at the annual summit.

According to Moody’s representative, economic growth is forecasted at 1.5% in 2018, 3% in 2019.

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