Azerbaijan, Baku, Oct. 7 / Trend N.Ismayilova /
The International Monetary Fund (IMF) raised its forecasts on Azerbaijan's GDP growth for 2010, 2011 and 2015. GDP growth will be 4.3 percent in 2010 compared to the previously forecasted 2.7 percent, the World Economic Outlook published on the official website of the IMF says.
The forecast on GDP growth for 2011 was increased from 0.6 percent to 1.8 percent and for 2015 - from 0.7 to 0.9 percent.
Exactly a year ago - in October 2009, the IMF predicted the economic growth at 7.4 percent in Azerbaijan in 2010.
The Asian Development Bank (ADB) forecasted the GDP growth for Azerbaijan at 3.8 percent in 2010 and 3.5 percent - in 2011.
According to the Azerbaijani State Statistics Committee, the country's GDP growth was 9.3 percent in 2009. The government expects the figure to amount to 6.8 percent in 2010.
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