Azerbaijan Economy in the First Four Months in 2016; Brief Overview

Azerbaijan Economy in the First Four Months in 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first four months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 4.5 % in the first quarter in 2016 since CESD calculations found out 5.3 % decline in... Read More

IMF Assessment on Azerbaijan Economy

IMF Assessment on Azerbaijan Economy Azerbaijan has to reconsider scope of monetary policy The International Monetary Fund (IMF) recommends Azerbaijan reconsiders the scope of monetary policy, deputy director of the IMF Middle East and Central Asia Department Nadeem Ilahi said at a press conference in Baku on May, 2, 2012. “Monetary policy may be toughened in case of pressure in terms of demand,” he said. “However, the existing tools... Read More