Azerbaijan’s GDP to grow in mid-term
The Azerbaijani economy will grow by 2-3 percent per year in the medium term, Chief of the International Monetary Fund’s (IMF) Mission to Azerbaijan Mohammed El Qorchi, who is on a visit in Baku, said today. In 2017, the situation in Azerbaijan’s economy will be better than in 2016, according to him, but certain difficulties will remain in the country’s economic life, caused by the sharp decline in oil prices.