EBRD sees Azeri economy picking up speed in 2010
The Azerbaijani economy is expected to grow by 7.1
percent in 2010, up from 5 percent growth in 2009 but down from an
expansion of 10.8 percent in 2008, the European Bank for
Reconstruction and Development (EBRD) estimates.
``The improved global economic outlook and the recovery in oil prices and export demands are behind the economic rebound in Azerbaijan,`` EBRD senior economist Anita Taci said while commenting on the bank`s new report.
``The improved global economic outlook and the recovery in oil prices and export demands are behind the economic rebound in Azerbaijan,`` EBRD senior economist Anita Taci said while commenting on the bank`s new report.
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