CESD Feedback on State Budget of 2014 in Azerbaijan

CESD Feedback on State Budget of 2014 in Azerbaijan Azerbaijani State Budget was approved last week. Based on the predictions of the Ministry of Finance of Azerbaijan Republic for 2014, the income and expenditure of the state budget are more aligned to real economic conditions than recent years’ budgets. The income of state budget has been forecasted around 18 384 million but the expenditures will be 20 063 million manat. It means the state budget will have 1 679 million deficit... Read More

IRAN AND THE WEST: CHANGING RELATIONS?

IRAN AND THE WEST: CHANGING RELATIONS? After reaching an interim nuclear deal with major world powers, Iran’s government is turning its attention to mending strained relations with Western countries.Iran is enthusiastic for the United States and the Europeans to lift harsh economic sanctions near future. In some circles in the political capitals of the Europe, having a close relationship with our southern neighbor are welcomed. Of course the main reason of this observed warmer... Read More