CESD’s independent inflation rate was announced

CESD’s independent inflation rate was announced CESD- Center for Economic and Social Development concluded its macro-economic survey results including price collection for 2018. According to the CESD price collection survey which covers the capital city and selected districts in rural Azerbaijan, annual inflation rate was 6.7 % in 2018. Meanwhile, according to the State Statistics Committee, prices of consumer goods and services in 2018 compared to 2017 increased by 2.3%, including... Read More

The EU Portal cites the CESD report

The EU Portal cites the CESD report Commonspace.eu is one of initiatives in European Union referenced CESD’s researches Commonspace.eu portal cited CESD’s report, in its January 03, 2019 article entitled “Oil prices fall in Asian markets as a result of oversupply and volotile markets”. The article analyses impacts of low oil price on energy exporter countries including Azerbaijan. Full article is available at; http://commonspace.eu/index.php?m=23&news_id=5024  Read More

Call for Applications: CESD Spring Internship Program in Azerbaijan

Call for Applications: CESD Spring Internship Program in Azerbaijan The Center for Economic & Social Development (CESD) is pleased to announce the CESD Spring Internship Program. An Internship opportunity for the months of February-April 2019. The offer is valid for local and international applicants. The internship opportunity will last up to 3 months period with possibility of extension. Download full information here  Read More

74.0 % of SOFAZ’s 2019 revenue will be transferred to the state budget in Azerbaijan

74.0 % of SOFAZ’s 2019 revenue will be transferred to the state budget in Azerbaijan Transfer to the state budget will reach 98.0 % of total fund’s expenditure The 2019 budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) has been approved. According to the budget, SOFAZ’s revenues for 2019 will be at 15 billion 450 million manat ($ 9.08 billion US), expenditures will be 11 billion 595 millon manat ($ 6,820 billion US). SOFAZ’s revenues from the sale of profitable... Read More

CESD: Low oil price negatively affects on the currency market in Azerbaijan

CESD: Low oil price negatively affects on the currency market in Azerbaijan The significant decline in oil prices on world markets is due to a multitude of international factors in the social, political and economic spheres. In particular, the decline caused an increase in US oil production. The remarks came from economic expert Vugar Bayramov, Chairman of Center for Economic and Social Development (CESD), Azerbaijan in an interview with CBC. In his opinion, the forecasts of... Read More