UK remains the biggest investor in Azerbaijan

UK remains the biggest investor in Azerbaijan 398 million manat foreign direct investments was invested in Azerbaijan in the first 2 months of 2012. According to the State Statistical Committee, United Kingdom is the biggest foreign investor in Azerbaijan with 177 million manat investment which is 39.6% of all foreign investments. The United States is second with investments at 68 million manat. The group of big investors also included ,Norway-... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More