Inflation Without Turmoil — But Without Victory

President of Azerbaijan Ilham Aliyev has approved the law on the execution of the 2025 state budget, formalizing one of the most notable outcomes of the country's fiscal policy in recent years. Instead of the budget deficit originally projected,...

Azerbaijan officially applied for membership in the World Trade Organization (WTO) on 23 June 1997, and a Working Party on Azerbaijan was established on 16 July 1997. This marked the beginning of Azerbaijan's integration into the multilateral...

Azerbaijan’s relationship with the World Bank is no longer simply a relationship between a borrower and a lender. Recent meetings clearly show that the focus of cooperation is shifting toward the quality of governance, digitalization and...

Oil wealth has turned Azerbaijan into one of the most financially stable countries in the post-Soviet space. However, the main question of the twenty-first century is no longer how successfully the country has managed its oil revenues, but whether...