Bread Dependency

Why ING No Longer Expects Further Rate Cuts The latest macroeconomic revision by ING Group on Azerbaijan signals an important shift in how the country’s economic outlook is being assessed: inflationary risks are building faster than anticipated,...

Azerbaijan has fully implemented four out of 31 anti-corruption recommendations issued by GRECO under its fifth evaluation round on preventing corruption among top executive officials and law enforcement agencies, according to a summary assessment...

The World Bank Group (World Bank) is preparing to allocate $410 million to Azerbaijan for the implementation of the “Livable Baku” project, a new environmental program designed to help the capital address accumulated waste, polluted lakes, and...

Can Baku Become a Regional Payment Hub? The Central Bank of Azerbaijan has identified digitalization and artificial intelligence as key priorities in its new financial sector development strategy for 2027–2030, signaling that Baku intends to...