ING Updates Economic Growth Forecast In Azerbaijan For 2024-2025
Date
7/3/2024 10:09:27 AM
(MENAFN- AzerNews)
Ulviyya Shahin
Read more
The Dutch company ING Group has projected Azerbaijan's economic
growth for 2024 at 2.8%, 2.5% for 2025, and 2.8% for 2026,
Azernews reports citing the forecasts released by
the company.
Compared to the previous forecast, expectations for 2024 have
increased by 0.3 percentage points, while the forecast for the
following year has decreased by 0.2 percentage points.
The report predicts GDP growth of 3.5% in the second quarter of
2024, 2% in the third quarter, and 1.5% in the fourth quarter.
Additionally, economic growth is forecasted at 1.7% in the first
quarter of 2025, 2.5% in the second quarter, 2.7% in the third
quarter, and 3% in the fourth quarter.
MENAFN03072024000195011045ID1108403490
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.