Finance

Azerbaijan’s banking sector has expanded steadily over the past two decades, but structural imbalances in lending continue to constrain its role in driving broader economic development, according to r...

At the start of 2026, Azerbaijan’s investment landscape appears both resilient and constrained. Capital flows have not disappeared — they have been redistributed. Where growth in previous years was la...

In the first quarter of 2026, Azerbaijan’s “Kebab Index” increased by approximately 6–7% (baseline scenario), closely tracking food inflation and making it a useful “household indicator” of rising pri...

On April 20, 2026, the Milli Majlis adopted the “Report on the Activities of the Chamber of Accounts for 2025,” presented by Chairman Vugar Gulmammadov.

Monetary conditions in Azerbaijan remained broadly stable in the first quarter of 2026, with moderate inflation and resilient banking sector indicators. However, rapid growth in consumer lending is in...

Azerbaijan’s public finances in 2025 and early 2026 have shown resilience, supported by strong oil and gas revenues and transfers from the State Oil Fund of Azerbaijan, but continue to exhibit structu...

Azerbaijan’s investment dynamics in the first quarter of 2024 reflect a steady inflow of foreign capital, while quantitative indicators simultaneously confirm the country’s continued structural depend...

Azerbaijan’s economy expanded at a moderate pace in the first quarter of 2026, reinforcing a familiar pattern: resilience driven by hydrocarbon revenues alongside persistent shortcomings in diversific...

The government of Azerbaijan has launched a unified digital public finance system aimed at improving transparency and control over the budget, although analysts say its effectiveness will depend on br...

Azerbaijan’s banking sector has entered 2026 in a mode that reflects neither stress nor expansion, but something more deliberate: a controlled consolidation shaped by regulatory caution, improving pro...

President of Azerbaijan Ilham Aliyev has signed a package of decrees предусматривающих обновление системы оплаты труда во всех учреждениях, финансируемых из государственного бюджета. Analysts assess t...

Azerbaijan is attempting to move its investment policy into a new phase, balancing its long-standing “open door” approach to foreign capital with a clearer assertion of state control over assets consi...

Azerbaijan is attempting to restructure its fiscal system, seeking to turn the tax system into a more sophisticated instrument of economic governance. A forum held in Baku titled “A Look into the Futu...

Azerbaijan’s latest attempt to tighten control over public finances reflects a familiar dilemma for resource-rich states: how to modernise fiscal management without fundamentally reshaping the institu...

With Donald Trump’s return to power in the United States, radical shifts in domestic and foreign policy have begun to impact global markets, with these effects expected to expand further. The energy a...

Celebrating its 25th anniversary, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) [1] has had its budget proposals reviewed by the Chamber of Accounts since 2018[2]. Previously, SOFAZ's budge...