12:46 - 4.04.2024

---

April 4, Fineko/abc.az. Energy exports will continue to be the key driver underpinning growth in Azerbaijan in the years ahead, ABC.AZ reports, referring to international credit ratings agency Fitch Solutions’ forecast about Azerbaijan’s economy.

“Over our 10-year forecast period to 2033, we expect energy exports to continue to be the key driver underpinning growth in the years ahead, even though they are unlikely to be as strong as previous years. The government will continue to attempt to diversify the economy away from the oil and gas sector over the coming years,” the forecast says.

The company said that Azerbaijan will take advantage of the EU's energy demand in the next ten years.