WB unveils economic growth forecasts for Azerbaijan until 2025

The World Bank (WB) has kept unchanged its forecasts for the growth of gross domestic product (GDP) in Azerbaijan this and next year.

As of April, the economic growth rate in Azerbaijan in 2022 is projected at 2.7 per cent, and in 2023 - 2.2 per cent, Report informs, citing the June release of the WB "Global Economic Prospects" report.

In addition, the WB predicts a 2.3 per cent growth of the country's GDP for 2024.