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EBRD: Azeri economy to grow 3 pct in 2011 and 2012

27 July 2011 09:52 (UTC+04:00)
EBRD: Azeri economy to grow 3 pct in 2011 and 2012

BAKU – Azerbaijan’s gross domestic product is expected to grow 3 percent in 2011 and 2012, the European Bank for Reconstruction and Development (EBRD) estimates.

Inflation is projected at 9.1 percent in the coutnry this year, the EBRD said in its recent Regional Economic Prospects report.

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