Strong External Balance in the First Half, but Oil Dependence Persists

The Sea Breeze project is a large multifunctional coastal development located on the Caspian Sea north of Baku, near Nardaran on the Absheron Peninsula. Launched in the mid-2000s as a relatively small recreation area, it gradually expanded into an...

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...