Macroeconomy
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Trump’s new energy and tariff policies could have adverse effects on global oil and gas prices in the short, medium, and long term, potentially triggering an economic crisis in Azerbaijan from 2026 on...
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Speaking at a pre-election meeting of the Republicans in the United States on May 11, 2023, announced that he would turn the slogan[1] "Drill, Baby, Drill" into the locomotive of future energy policy....
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As the world economy braces for another year of tepid expansion, Azerbaijan finds itself navigating a complex landscape of opportunities and risks. The World Bank’s Global Economic Outlook 2025, relea...
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For many years, we have been stating that the average monthly salary in the country does not reflect the real income level of the population. This is because the average monthly salary is inflated due...
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The paradoxical development trajectory of resource-rich states is described with various epithets. A wide array of terms is used in this context: "resource curse," "devil's excrement," "distorted deve...
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In 2024, one of the most notable developments in the Azerbaijani economy that demands detailed analysis is the transformation of foreign trade statistics. This article provides an in-depth examination...
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The State Statistics Committee (SSC) has released the macroeconomic indicators of the country's economic and social development for January-December 2024[1]. Let’s review the most significant of these...
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As 2025 begins, Azerbaijan faces a convergence of economic and geopolitical challenges that threaten its stability and test its resilience. From fluctuating oil prices to shifting alliances, the count...
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As 2025 begins, the national economy, heavily dependent on resource revenues, faces a mix of challenges. While oil production remains relatively stable, declining oil prices, rising inflationary press...
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The year 2024 could not solidify its place in history as a year of significant economic reforms or transformations. Instead, it was marked by rising concerns among consumers and businesses over price...
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Gas and "Green" Energy Were Defining in the Fuel and Energy Complex in 2024
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In previous articles, we discussed the poor management of the budget and the corruption risks during its implementation phase[1]. Despite more than four years passing, we still share the same conclusi...
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The restoration and reconstruction of Karabakh, liberated from occupation, are being carried out using state budget funds within the framework of the "I State Program on the Great Return to the Libera...
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The 2025 state budget plans an increase in transfers from the State Oil Fund by 13.3 percent or 1.7 billion manats compared to previous years, which deviates from the target indicator outlined in the...
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In terms of revenue and expenditure metrics, Azerbaijan leads the South Caucasus countries for the 2025 state budget. Azerbaijan's projected state budget revenues for 2025 are up to 2.5 times higher t...
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A recent report from Azerbaijan’s State Tax Service under the Ministry of Finance casts a spotlight on a key inefficiency in the country’s business environment: more than a third of registered commerc...