Azerbaijan's Economy to Grow 35 Percent in 2007 on Oil, Minister Says

(Bloomberg) -- Azerbaijan's economy, the world's
fastest growing, will probably expand more than 35 percent this
year as oil exports accelerate, Economic Development Minister
Heydar Babayev said.

Growth in the $21 billion economy accelerated to 41.7
percent in the first three months of the year from 39.5 percent
in the same period a year ago, more than triple the rate in
China and Latvia, which has the European Union's fastest
expanding economy.


Read more at Bloomberg Emerging Markets News