
The International Monetary Fund has raised its economic growth forecast for Azerbaijan
The International Monetary Fund (IMF) predicts GDP growth of 2.8% in Azerbaijan this year. It should be noted that the report published in October last year estimated this figure for Azerbaijan at 2.3%. The IMF expects the Azerbaijani economy to grow by 2.6% in 2023. The statement came from Joshgun Jafarov, an analyst at the Center for Analysis of Economic Reforms and Communication. The analyst also noted that in the April issue of the "World Economic Outlook" report entitled "War Sets Back The Global Recovery", the forecast for global economic growth was lowered from 4.4% to 3.6%. One of the main reasons for this is the Russian-Ukrainian war and its aftermath, which significantly slowed down global economic development.
The report lowers economic growth expectations for the group of developed countries from 3.9% to 3.3% in 2022 and from 2.6% to 2.4% in 2023.

Op-eds
Ayaz Museyibov
The Head of department of CAERC
Rising Strategic Role of Azerbaijan and Turkey in Euro-Asian economic relations
Nijat Hajizade
The Head of department of CAERC
Nijat Hajizadeh, Head of the department at CAERC: "The potential for diversification of Azerbaijani products may increase"
Joshqun Jafarov
Analyst of CAERC
Regional Countries Are Also Highly Interested in Zangezur Corridor
Parvin Mammadzada
The Head of department
Economic analysis of alternative energy development in Karabakh
Vusal Gasimli
Executive director of CAERC
The equilibrium real exchange rate in a commodity exporting country: Azerbaijan's experience
Gunay Guliyeva
Chief Analyst of CAERC
Educational Loans Will Accelerate Economic Development
Nijat Hajizade
The Head of department of CAERC
There Are Prospects for the Development of Export of Services