A preliminary assessment of the impact of the COVID-19 pandemic on Azerbaijani economy

A preliminary assessment of the impact of the COVID-19 pandemic on Azerbaijani economy Azerbaijan became the country among the post-soviet countries, that allocated the largest share of GDP, in order to eliminate the economic challenges caused due to the outbreak of COVID-19. Providing favorable economic conditions in the post-pandemic period is as crucial as supporting the economy during the period of the pandemic. It is an undeniable fact that... Read More

Amendments to state budget of Azerbaijan for 2020: Reasons and Expectations

Amendments to state budget of Azerbaijan for 2020: Reasons and Expectations Nowadays, global economic growth has been severely affected beyond anything passed in nearly a century. The outbreak of the coronavirus disease has brought its negative impact and destructive outcome on the economies alongside with the sharp fluctuations in global energy and stock markets. There might be observed a subsequent sharp decline in the number of transactions and... Read More

Azerbaijan Economy in the first nine months (January-September) of 2017; Brief Overview

Azerbaijan Economy in the first nine months (January-September) of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first nine months of 2017. Both independent and official reports show that GDP declined in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 0.6 % in January-September of 2017 compared with the same period of 2016 since... Read More

Azerbaijan Economy in 2016; Brief Overview

Azerbaijan Economy in of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for 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 3.8 % in 2016 since CESD calculations found out 4.4 % decline in the economy. According to the State Statistic Committee reports, the... Read More

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight 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 3.1 % in the first eight months in 2016 since CESD calculations found out 3.9 % decline... Read More

2013 Budget Package at the Azerbaijani Parliament

2013 Budget Package at the Azerbaijani Parliament Azerbaijan’s budget project for 2013 will be discussed at the meeting of Economic Policy Committee, said the Committee Chairman Ziyad Samadzade. According to him, the budget package will be discussed at the plenary meeting of parliament, APA reports. Touching upon the base price of oil in the state budget Samadzade stressed that, this extent was not risky and within its determination the oil price... Read More