Weekly Economic Review: May 18–24, 2026

Chronicle of Events June 1, 2026 Baku Energy Week began its work in Baku, bringing together representatives of energy companies, financial institutions, and government agencies from dozens of countries. The central event was the holding of the first...

The week of May 25–31, 2026 demonstrated Azerbaijan’s continued commitment to strengthening its position as a regional transport, energy, and logistics hub of Eurasia. Following the conclusion of the WUF13 World Urban Forum, economic policy attention gradually shifted toward the development of transport corridors, financial modernization, the energy transition, and preparations for Baku Energy Week.

The week of May 11–17, 2026 demonstrated that Azerbaijan’s economy is increasingly entering a phase of structural transition in which the previous growth model, largely based on high oil and gas revenues, is facing mounting limitations and the need for deep modernization. At the same time, the authorities are attempting to preserve macrofinancial stability, expand external economic ties and accelerate the country’s technological transformation.

The week of May 4–10, 2026 demonstrated that Azerbaijan continues to move simultaneously in several strategic directions: digitalization of public administration, development of transport and energy infrastructure, strengthening of its regional logistics role, and gradual adaptation of the economy to a new technological and geopolitical reality.