Posted by Administrator on September 16, 2019 · Leave a Comment
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
Filed under News · Tagged with 2014 Azerbaijan State Budget, 2020 State Budget of Azerbaijan: Brief Independent Review, Azerbaijan banking system, Azerbaijan budget, Azerbaijan Budget revenue, Azerbaijan inflation, Azerbaijan inflation rate, Azerbaijan oil income, inflation Azerbaijan, SOFAZ income 2020, state budget 2020
Posted by Administrator on January 1, 2018 · Leave a Comment
Oil Becomes More Expensive. Should We Be Happy about That?
The oil market started in 2018 with a successful “run” to new highs for 2.5 years: according to Bloomberg, last Thursday the price of Brent at the auctions in London exceeded $ 68 per barrel for the first time since May 2015. The American standard WTI went up by 3.9% – to 62.21 dollars per barrel, also having registered a peak since the summer of 2015.
A new record was demonstrated... Read More
Posted by Administrator on November 23, 2016 · Leave a Comment
The CESD Independent Assessment on the 2017 State Budget Project
According to the legislation on the Budget system, the legislative project on the state budget of the Republic of Azerbaijan for 2017 and the state and consolidated budget projects of 2017 were publicized on 29th of September, 2016. It has been three years that the legislative projects on the consolidated and state budgets of the Republic of Azerbaijan are being prepared amidst the... Read More
Posted by Administrator on December 30, 2014 · Leave a Comment
Assessment of Effect of Declining Oil Prices on Azerbaijan Economy
The main goal of the study is to assess how oil price decline in the world market will potentially impact Azerbaijani Economy. The paper specifically looks how last changes in the world market will effect on both revenue and expenditure sides of the state budget. The study also examines “side impact” and “domino effects” of low oil prices.
As an oil exporter country Azerbaijan... Read More
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