ADB: Azerbaijan needs to expand economic diversification

[ad_1] Azerbaijan and Kazakhstan saw their economies contract significantly due to COVID-19. Although both are resource-rich, upper-middle-income countries, economic shocks like the COVID-19 pandemic underline the need to expand economic diversification to make their economies less dependent on one export sector to become more resilient, Report informs referring to the Asian Development Bank (ADB). “Azerbaijan’s… Continue reading ADB: Azerbaijan needs to expand economic diversification