Azerbaijan's Economic Development Ministry: "Country's GDP growth will make 18% next year"

Deputy Economic Development Minister Sevinj Gasanova told Day.Az that next year GDP will rise 18%. Per capita GDP will range from $6,000 to $7,000.

She said oil prices to be fixed in the state budget for the next year are prepared by three scripts: pessimistic forecast $80 per barrel, average $100 and maximal (optimistic) $125.

She said oil prices are predicted to be $70 per barrel until 2012.

"We have developed indicators on inflation for a middle term period for 2009-2012. Our task is to attain the one-digit indicator by 2012", said the deputy economic development minister.

She said it will be impossible to attain a one-digit indicator on inflation in 2009, but it can be lower than the corrected indicator for 2008, which will make 22-23%.

Hasanova also announced that in line with the corrected indicators GDP will reach AZN 41 bln by the end of the year against the previously predicted AZN 39 bln.

/Day.Az/