Moody's positive forecast on Azerbaijan: Economic growth by 4%

11:49 - 3.03.2021

March 3, Fineko/abc.az. Moody's Investors Service forecasts Azerbaijan's economy to increase by about 4% in 2021.

ABC.AZ reports that this forecast is higher than the expectations of the main international organizations and credit agencies.

Rating agency S&P Global Ratings predicts GDP growth of Azerbaijan this year by 2.1%, the World Bank by 1.9%, and the UN by 2%. In 2020, country's GDP production decreased by 4.3%.