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

Social welfare is the ultimate goal and measure of success of modern economic policy. Although macroeconomic indicators such as gross domestic product growth, implementation of the state budget and the volume of foreign-exchange reserves are...

Large reserves, near-zero growth, and increasingly expensive stability Turan Analytical Service | July 2026 Introduction. Half-year of failed acceleration At the beginning of 2026, the Azerbaijani economy looked like a system with almost all the...

BAKU, July 23 — The first half of 2026 was primarily a period of administrative and technological reform for the Azerbaijani government. The state continued to digitize public finances, expand cashless payments, modernize banking supervision and...

Official statistics show a modest increase in real wages in Azerbaijan. But rising food and service prices, along with wide income disparities between economic sectors, are leading many families to view the situation differently. On paper, workers...