Today.Az » Business » IMF says Azerbaijan to reach 5.7-percent economic growth
10 January 2012 [16:16] - Today.Az
The International Monetary Fund has forecast Azerbaijan`s economy will see a 5.7% growth in 2012. The IMF said the forecast is based on the fact the country`s 2012 budget is based on an average oil price of $80 per barrel, while an average price for a barrel of oil on world markets is expected to exceed $100.
According to the Azerbaijan Central Bank`s forecasts, the country`s Gross Domestic Product will see nearly a 25% surplus in the Balance of payments this year.
/AzerTAc/
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