Oil’s Long Shadow Over Azerbaijan’s Budget Revenue

As the US turns access to space into industrial and national security infrastructure, Baku must choose between joining an expensive launch race and focusing on a niche in data and technology. The key measure in the new phase of the space race is no...

According to the Ministry of Finance's report on the first-half execution of the 2026 state and consolidated budgets, the year-end forecast for average annual inflation is expected to be raised from the previous 4.8% to 5.7%. The...

Hydrogen will not replace Azerbaijan’s oil-and-gas diplomacy in the next few years. But it could gradually change its substance — if Baku creates a domestic market, finds buyers and does not confuse technical potential with commercial success. For...

At first glance, Azerbaijan’s consumer is having a decent year. Retail trade turnover reached 38.36bn manats in January–July and increased by 3.8% in real terms. Nominal household income rose by 9.8% to 55.63bn manats, while average inflation was...