Fitch forecasts Azerbaijani economy’s growth in 2017
The international ratings agency Fitch Ratings expects that the Azerbaijani economy will grow by 0.2 percent in 2017, says the agency’s report on Azerbaijan that was made public at the sixth annual meeting in Baku Mar. 16. It should be noted that the country’s GDP decreased by 3.8 percent in 2016. Meanwhile, experts forecast the resumption of growth starting from 2017 and its continuation in 2018. Fitch also expects inflation to fall in the country in the next two years.