Macroeconomy
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Amidst a backdrop of geopolitical tensions, monetary policy shifts, and global economic uncertainty, the International Monetary Fund (IMF) has revised its global growth forecast, underscoring both cha...
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The economic growth rate in Azerbaijan in the first quarter of 2024 amounted to 4%, and GDP reached 29 billion manats, with non-oil GDP accounting for 18.7 billion manats with a growth rate of 6.7%.
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Investors are betting that the Azerbaijani economy will cope with the conflict in Nagorno-Karabakh better than the Armenian economy. This is how analysts of large investment houses write about it. In...
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In 2023, Azerbaijan experienced a significant shift in its economic landscape, particularly in its balance of payments, highlighting the country's vulnerability to global oil and gas market fluctuatio...
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In the economic landscape of Azerbaijan during January and February 2024, several significant trends emerged, portraying both progress and challenges.
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The recent shift in Azerbaijan's policy towards renewable energy sources (RES) marks a significant distancing from its traditional dependence on thermal power plants (TPPs) powered by gas.
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A recent analysis conducted by experts from the Information and Communication Technologies Agency (ICTA) sheds light on the intricate dynamics shaping the nation's digital connectivity landscape.
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Last week, the Executive Board of the International Monetary Fund (IMF) concluded consultations with the Republic of Azerbaijan on article IV. In the IMF report, he stressed the need for the Azerbaij...
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On January 23, President Ilham Aliyev finally approved the law "Competition Code", which, as they say, has been worked on for 20 years.
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Political turbulence in the world created problems for the development of economies. Economic ties between many countries have decreased, and the usual strategic trade and transport routes had to be r...
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In January-November 2023, the gross domestic product (GDP) of Azerbaijan increased by 0.8% compared to the same period in 2022, and amounted to 110.21 billion manats, while 68.56 billion manats were...
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Following the results of the November expert mission regarding the review of Article IV of cooperation between Azerbaijan and the IMF, the International Monetary Fund (IMF) published an extensive stat...
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Last year, after the outbreak of the war in Ukraine, a rather serious excitement began in the Caspian Sea, South Caucasus and Central Asia region due to expectations of a "large transit". And, indeed,...
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In January-October 2023, the gross domestic product (GDP) of Azerbaijan showed a modest growth by 0.5% compared to the same period in 2022 and amounted to 100.88 billion manats, while 62.69 billion m...
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The International Monetary Fund (IMF) has published another forecast for regional economic development, in which in relation to Azerbaijan (includes The stabilization of economic processes has been n...
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On September 21, the Ministry of Finance of Azerbaijan published forecasts of the country's socio-economic development for 2024 and for the period 2025-27, as well as the draft state budget for 2024,....