CESD Chairman addresses structural changes and shadow economy

CESD Chairman addresses structural changes and shadow economy Dr. Vugar Bayramov, chairman of CESD gave an interview to the Vestnik Kavkaza. In his interview, CESD chairman touched last structural changes, shadow economy, Azerbaijan’s accession to the WTO, problems in the banking sector and other economic issues. He mentioned that in 2012, our center addressed the government with a package of proposals – we suggested to carry out structural... 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