Azerbaijan Economy in the First Nine Months of 2012

Azerbaijan Economy in the First Nine Months of 2012 Dramatic fall in oil industry continues to hamper the country’s growth in the first nine months of 2012. Although tangible increasing in non-oil GDP, economic growth in Azerbaijan is far away from the forecasted figure. It was the main reason that Government of Azerbaijan (GoA) has adjusted its previous official forecast of 5.7 % GDP growth in 2012 to 2.5 % right Hence, it seems very hard to achieve economic growth forecast... Read More