The state budget of Azerbaijan has grown by almost a third in 5 years. How are the funds distributed?

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...

Every time oil prices begin to fluctuate and global markets grow uneasy, the same question returns in Azerbaijan: could the manat lose value again? That fear has lived in the country’s collective memory for more than a decade. In 2015, Azerbaijan...