The Manat and the Specter of Devaluation: Why the Fate of Azerbaijan’s National Currency Is Being Debated Again

By a Presidential Decree of the Republic of Azerbaijan dated 6 July 2026, the execution of the 2025 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was officially approved. According to the decree, the Fund's total revenues in...

Nusrat Ibrahimov, Chairman of the Azerbaijan Chamber of Appraisers (AQP), held a briefing for media representatives on June 24 at the Chamber’s new administrative building. During the event, the reforms implemented in the valuation sector, the work...

For an economy that has long relied on oil revenues, European credit lines and conventional multilateral institutions, Baku is increasingly shaping a new financial strategy: to diversify not only exports and trade routes, but also the structure of...

Future growth will depend less on scale and more on efficiency Azerbaijan’s e-commerce market is approaching a strategic turning point. After several years of rapid expansion, driven by the digitalisation of the banking sector, improvements in...