Last Call for the CESD-NATO International Conference

Last Call for CESD-NATO International Conference CESD is pleased to invite all interested scholars to participate at ”Ensuring energy security in the future and NATO role in protection of critical energy infrastructure in the Caspian basin” International Conference organized by the Center for Economic and Social Development (CESD) and Embassy of Romania to Azerbaijan, NATO Contact Point Embassy on November, 22nd, 2012 with support of Embassy of Romania in Azerbaijan and NATO. Confirmed... Read More

$ 2,2 billion deficit in SOFAZ budget

$ 2,2 billion deficit in SOFAZ budget Revenue of State Oil Fund of Azerbaijan (SOFAZ) is forecasted at AZN 11,82 billion ($ 15,12 billion) since expenditure will be AZN 13, 59 billion ($ 17,32 billion) in 2013. SOFAZ will face budget deficit which will be AZN 1,78 billion ($ 2,22 billion) next year. Meanwhile Ministry of Finance reports SOFAZ will spend AZN 2,149 billion ($ 2,755 billion) on investment projects in 2013.  SOFAZ transfers to the state budget will  be AZN 11.350... Read More

2013 Draft Budget is on Azerbaijani Parliament’s Agenda

2013 Draft Budget is on Azerbaijani Parliament’s Agenda The Azerbaijani Parliament in its plenary meetings on 13, 14 and 15 November will consider the draft law “On the State Budget of the Republic of Azerbaijan in 2013”. According to the Parliament, the agenda of the next three plenary sessions also includes the bill on the budget of the State Social Protection Fund of Azerbaijan in 2013, the cost of living and the criteria of need in Azerbaijan next year. MPs will... Read More

The European Endowment for Democracy – Support for the unsupported

The European Endowment for Democracy – Support for the unsupported Today, the European Commission allocated € 6 million to ensure the swift launch of the European Endowment for Democracy (EED). The allocation will finance the establishment and initial functioning of the Endowment, which was conceived in the framework of the renewed European Neighbourhood Policy. Its aim is to help political parties, non-registered NGOs, trade unions and other social partners in a coherent,... Read More

How much will non-oil sector increase?

How much will non-oil sector increase? Economic growth in Azerbaijan in 2014-2016 by an annual average will be more than 5%. The statement came from Minister of Economic Development Shahin Mustafayev at a plenary session of the Milli Majlis on the draft State Budget for 2013.  “In 2013, economic growth in Azerbaijan is projected at 5.3% of GDP, in 2014-2016 by an average of more than 5% a year,” he said. According to him, in 2013, the growth of non-oil GDP will be... Read More

$ 1100 debt per capita in Azerbaijan

$ 1100 debt per capita in Azerbaijan “There are slight restrictions in the budget of Azerbaijan for annual amount of internal and external debts. The wall for domestic debt is 1.2 billion AZN ($1,53 billion US) and 2.3 billion AZN ($ 2,95 billion US) for external one. According to official statistics, the domestic debt of Azerbaijan is more than 3 billion manat (3,85 billion US), which concerns the external debt, it is equal to about 4.7 billion AZN ($ 6,03 billion US).... Read More

Social sphere accounts only for 25.4% of 2013 budget expenses

Social sphere accounts only for 25.4% of 2013 budget expenses The state budget bill for 2013 is of investment essence but despite this a huge part of the budget costs will be used for social sphere.  The statement came from Finance Minister Samir Sharifov at the joint session of six committees of Milli Majlis. He said social expenses will make 25.4% of the budget costs. These amounts will mainly be used for financing such spheres as science, culture, education, public health... Read More

Commissioner Štefan Füle: ENP partners must keep up reform momentum

Commissioner Štefan Füle: ENP partners must keep up reform momentum It is important for the EU’s Neighbourhood partners to keep up their momentum on reform, and for the EU to provide effective support to this momentum, European Commissioner Štefan Füle has told a meeting of officials of the European Neighbourhood Policy (ENP) in Brussels. “It will be very important for partners to keep up the momentum of reform, and for the EU to support this momentum effectively,... Read More

ECONOMETRIC MODELS OF IMPACT OF RUSSIA’S ACCESSION TO THE WTO ON AZERBAIJAN

ECONOMETRIC MODELS OF IMPACT OF RUSSIA’S ACCESSION TO THE WTO ON AZERBAIJAN Baku Seminar on Econometric models and presentation of analyses of impact of Russia’s accession to the WTO on Azerbaijan was taken place in Baku, Azerbaijan on November 05th, 2012 by support of GIZ, CESD-Center for Economic and Social Development, Azerbaijan and Institute for Economic Research and Policy Consulting, Ukraine with representatives from government agencies, think tanks, academia and international... Read More

PASOS Annual Conference to Start in Macedonia

PASOS Annual Conference to start in Macedonia Vugar Bayramov, CESD chairman  and PASOS Board Member, will serve as one of speakers at the conference The conference will be organized in association with the annual international think-tanks’ conference of PASOS – Policy Association for an Open Society on November 09, 2012 in Skopje, Macedonia. Leading think-tanks will co-operate to explain and influence national and international policies, including EU policies, on... Read More