The ambitious plans of the government draw upon themselves, according to which next year the GDP growth (!) 2.9-4.3% (also depending on fluctuations in oil prices).Azerbaijan's GDP growth rate in 2019 was 2.2%, for 2020 it was planned at 3%, but the coronavirus pandemic and the fall in world oil prices dashed the government's hopes and pushed it to prepare three scenarios for Azerbaijan's economic development by the end of this year and for 2021...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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