Economic growth and inflation expected In Azerbaijan

As at the end of this year, 4%-economic growth is expected in Azerbaijan, Minister of Economy and Industry Shahin Mustafayev told APA-Economics.

Mustafayev added that the inflation will make 4% at the end of 2015.
 
According to forecasts of Ministry of Economy and Industry, the GDP is expected to make AZN 57.2 bln at the end of 2015 which means 3.3%-growth. These forecasts are AZN 3.9 bln or 1.1 percentage point lower than initial forecast.  
 
By the way, according to the Ministry’s economic and social development concept for 2016 and next three years, real economic growth across the country will be 1.8%, GDP – AZN 57.7 bln in 2016.