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Mikayil Jabbarov expects economy bouncing back after Covid-19 slump, war

Mikayil Jabbarov expects economy bouncing back after Covid-19 slump, war

Azerbaijan sees economic growth rebounding this year as it emerges from a Covid-19-induced slump and the war with neighboring Armenia that restored its control over formerly occupied territories, Economy Minister Mikayil Jabbarov said, Bloomberg writes in the article Azerbaijan Sees Economy Bouncing Back After Covid-19 Slump, War. Gross domestic product is forecast to increase by 3.4% after contracting 4.3% in 2020, Jabbarov said in an interview Tuesday. “Our projections for 2021 are more optimistic than those of” the International Monetary Fund and the World Bank, he said