Manat turns 34: Oil cushion holds the exchange rate but does not remove the risks

The central question of this analysis is simple, but the answer is complex: should cryptocurrency be banned in Azerbaijan, or should the market be regulated in a way that allows the country to benefit from innovation and investment while managing...

International reserves are approaching $86bn and the central bank has become a large buyer of foreign currency. Yet the country’s formidable financial buffer continues to conceal its dependence on hydrocarbon revenues and fiscal transfers Azerbaijan...

Allegations against two senior tax officials expose the tension between the achievements of Azerbaijan’s electronic tax administration and the persistent risks created by official discretion. Over the past decade, tax administration has become one...

On July 30, a meeting was held in the Iranian city of Bilasuvar between delegations headed by Shahin Baghirov, Chairman of the State Customs Committee of the Republic of Azerbaijan, and Foroud Asgari, Deputy Minister of Economic Affairs and Finance...