2025 Ends with an Unexpected Budget Surplus, Strengthening Azerbaijan's Fiscal Position Ahead of a New Spending Cycle

Azerbaijan officially applied for membership in the World Trade Organization (WTO) on 23 June 1997, and a Working Party on Azerbaijan was established on 16 July 1997. This marked the beginning of Azerbaijan's integration into the multilateral...

Azerbaijan’s relationship with the World Bank is no longer simply a relationship between a borrower and a lender. Recent meetings clearly show that the focus of cooperation is shifting toward the quality of governance, digitalization and...

Oil wealth has turned Azerbaijan into one of the most financially stable countries in the post-Soviet space. However, the main question of the twenty-first century is no longer how successfully the country has managed its oil revenues, but whether...

Azerbaijan’s relationship with the World Bank is no longer simply a relationship between a borrower and a lender. Recent meetings clearly show that the focus of cooperation is shifting toward the quality of governance, digitalization and...