2020 State Budget of Azerbaijan: Brief Independent Review

2020 State Budget of Azerbaijan: Brief Independent Review The Ministry of Finance of the Republic of Azerbaijan presented the draft of the 2020 State Budget. According to the document, the growth rate of the Gross Domestic Product (GDP) in Azerbaijan is expected to decline by 2020. The draft State Budget takes the expected cost per barrel in 2020 as US $55. Despite the fact that it is US $5 less than the previous year’s price, it doesn’t fully... Read More

Banking System in Azerbaijan; On the light of New Transformation

Banking System in Azerbaijan; On the light of New Transformation The paper touches upon three main problems in Azerbaijan banking system, their solving and the estimated direction of its future prospect. The first problem is a trend between incomes coming from the interests of banking credits and compulsory resource allocation and solutions related with this issues; the second problem is an improvement of banking capital, to bring it more sustainable... Read More