World Bank sees Azeri GDP down 3 pct in 2016

09:01 | 23.11.2016
World Bank sees Azeri GDP down 3 pct in 2016

World Bank sees Azeri GDP down 3 pct in 2016

The World Bank expects Azeri economy to contract by 3 percent this year, the bank's official said on Tuesday.

Last month, Azerbaijan revised its economic growth forecast. It now expects its gross domestic product to shrink by 2.8 percent this year versus a previous call for a 1.8 percent growth

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