Macroeconomy
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The State Statistics Committee (SSC) has released the macroeconomic indicators of the country's economic and social development for January-December 2024[1]. Let’s review the most significant of these...
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As 2025 begins, Azerbaijan faces a convergence of economic and geopolitical challenges that threaten its stability and test its resilience. From fluctuating oil prices to shifting alliances, the count...
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As 2025 begins, the national economy, heavily dependent on resource revenues, faces a mix of challenges. While oil production remains relatively stable, declining oil prices, rising inflationary press...
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The year 2024 could not solidify its place in history as a year of significant economic reforms or transformations. Instead, it was marked by rising concerns among consumers and businesses over price...
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Gas and "Green" Energy Were Defining in the Fuel and Energy Complex in 2024
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In previous articles, we discussed the poor management of the budget and the corruption risks during its implementation phase[1]. Despite more than four years passing, we still share the same conclusi...
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The restoration and reconstruction of Karabakh, liberated from occupation, are being carried out using state budget funds within the framework of the "I State Program on the Great Return to the Libera...
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The 2025 state budget plans an increase in transfers from the State Oil Fund by 13.3 percent or 1.7 billion manats compared to previous years, which deviates from the target indicator outlined in the...
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In terms of revenue and expenditure metrics, Azerbaijan leads the South Caucasus countries for the 2025 state budget. Azerbaijan's projected state budget revenues for 2025 are up to 2.5 times higher t...
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A recent report from Azerbaijan’s State Tax Service under the Ministry of Finance casts a spotlight on a key inefficiency in the country’s business environment: more than a third of registered commerc...
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S&P Global Ratings has reaffirmed Azerbaijan's long-term and short-term sovereign credit ratings in foreign and national currency at "BB+/B" with a stable outlook.
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The European Bank for Reconstruction and Development (EBRD) has published its Transition Report for Azerbaijan for 2024-25, noting progress in macroeconomic indicators and the banking sector while poi...
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On October 23, Azerbaijan Railways (ADY) presented its first international Sustainability Report, prepared in collaboration with Deloitte, highlighting the company's achievements from 2021 to 2023 and...
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The negative impacts of Azerbaijan's prolonged border closures, now nearing five years, on the labor market are starkly evident in official statistical figures and data related to self-employment and...
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Azerbaijan is divided into 14 economic regions, including the capital city of Baku[1], 67 administrative districts, 11 towns subordinate to the republic, six district-subordinate cities, 12 city distr...
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Since March 2020, Azerbaijan's land and sea borders with Russia, Iran, and Georgia have remained closed. Every three months, the special quarantine regime has been extended, and the borders have not r...