Government of Azerbaijan predicts recession of gross domestic product in 2020 for 5%

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Government of Azerbaijan updated forecasts according to country gross domestic product for 2020 taking into account consequences of a pandemic Koronavirus, reported to agency "Interfax Azerbaijan" in the government. According to the updated forecasts, economy Azerbaijan in 2020 waits recession for 5%. "In May Ministry Republic Azerbaijan economy predicted gross domestic product recession following the results of 2020 for 3,8%. In July the forecast was updated and now economy recession on the end of the year is predicted of about 5%", - noted in the government. Government of Azerbaijan for 2020 to a pandemic predicted GDP growth at the level of 3%. Thus on...