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	<title>Center for Economic and Social Development (CESD)</title>
	<link>http://cesd.az/new</link>
	<description>Azerbaijan&#039;s leading economic think tank</description>
	<lastBuildDate>Fri, 25 May 2012 12:03:35 +0000</lastBuildDate>
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		<title>State Budget Ammended in Azerbaijan</title>
		<description><![CDATA[State Budget Ammended in Azerbaijan Finance Ministry told APA that incomes and expenses of state budget will be increased by AZN 600m, incomes will be raised up to AZN 17,038m, expenses – AZN 17,672m. Extra revenues to the state budget are expected to provide by means of additional tax revenues on oil and non-oil sector of [...]]]></description>
		<link>http://cesd.az/new/2012/05/state-budget-ammended-in-azerbaijan/</link>
			</item>
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		<title>Azerbaijan’s key oil producer cuts daily oil output</title>
		<description><![CDATA[Azerbaijan’s key oil producer cuts daily oil output In the 1st quarter of 2012 the BP–led consortium Azerbaijan International Operation Company (AIOC) decreased oil production from contract field block Azeri-Chirag-Gunashli in the Azerbaijani sector of the Caspian Sea by 0.8% compared to the 2011 average level. BP Azerbaijan informs that over the past quarter of [...]]]></description>
		<link>http://cesd.az/new/2012/05/azerbaijan%e2%80%99s-key-oil-producer-cuts-daily-oil-output/</link>
			</item>
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		<title>Remittance from Russian to Azerbaijan Increased</title>
		<description><![CDATA[Remittance from Russian to Azerbaijan Increased CESD: Amount of remittance was about $ 2 billion in 2011 The volume of individual money transfers from Russia and Azerbaijan made $955m in 2011. According to the Central Bank of Russia reports that the volume of individual transfers from Russia to CIS countries in 2011 reached $16.7bn which [...]]]></description>
		<link>http://cesd.az/new/2012/05/remittance-from-russian-to-azerbaijan-increased/</link>
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		<title>Oil Output fell by 7,0 % in Azerbaijan</title>
		<description><![CDATA[Oil Output fell by 7,0 % in Azerbaijan Azerbaijan Produced 14,8 million ton oil and 6,0 billion cubic meters gas in the first four months of 2012. According to the State Statistical Committee 15,9 million ton and 8,4 billion cubic meters gas produce in the same period of 2011. Oil output decreased 7,0 % in [...]]]></description>
		<link>http://cesd.az/new/2012/05/oil-output-fell-by-70-in-azerbaijan/</link>
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		<title>Effective Ways to Tackle Corruption: What Makes a Difference?</title>
		<description><![CDATA[Effective Ways to Tackle Corruption: What Makes a Difference? Partnership for Transparency is holding “Effective Ways to Tackle Corruption: What Makes a Difference?” workshop on May 21st-23rd, in Berlin, Germany. The workshop focuses on effective ways on fighting with corruption in Central and Eastern Europe. The theme of the workshop will be on cross-border lessons learned [...]]]></description>
		<link>http://cesd.az/new/2012/05/effective-ways-to-tackle-corruption-what-makes-a-difference/</link>
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		<title>Fitch Cut Rating for Azerbaijan Mortgage Fund</title>
		<description><![CDATA[Fitch Cut Rating for Azerbaijan Mortgage Fund Fitch Ratings cut rating for the Azerbaijan Mortgage Fund under the Central Bank of Azerbaijan Republic (AMF) to Stable from Positive and affirmed its Long-term foreign currency and local currency ratings at &#8216;BBB-&#8217;, Fitch Ratings announced on May 22, 2012. The rating action reflects the revision of Azerbaijan&#8217;s [...]]]></description>
		<link>http://cesd.az/new/2012/05/fitch-cut-rating-for-azerbaijan-mortgage-fund/</link>
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		<title>CESD: $ 17 million oil money was “missed” in the Construction of SOFAZ&#8217;s New Office</title>
		<description><![CDATA[CESD: $ 17 million oil money was “missed” in the Construction of SOFAZ&#8217;s New Office The Center’s monitoring revealed new facts One m2 in the new office of the State Oil Fund of Azerbaijan (SOFAZ) will cost $ 9,0 thousand, and it is to be the most expensive project in Baku. These are the results [...]]]></description>
		<link>http://cesd.az/new/2012/05/cesd-17-million-oil-money-was-%e2%80%9cmissed%e2%80%9d-in-the-sofaz-building-construction/</link>
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		<title>Azerbaijan Economy in the First Four Months of 2012</title>
		<description><![CDATA[Azerbaijan Economy in the First Four Months of 2012 Government of Azerbaijan (GoA) has failed to achieve projected economic growth forecast for the first four month of 2012. According to the State Statistic Committee Gross Domestic Product  (GDP) increased only by 0.3 % and 16,6  billion manat ($ 21,3 billion) GDP generated in this period [...]]]></description>
		<link>http://cesd.az/new/2012/05/azerbaijan-economy-in-the-first-four-months-of-2012/</link>
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		<title>Oil Contributes 87,0 % of Total Export in Azerbaijan</title>
		<description><![CDATA[Oil Contributes 87,0 % of Total Export in Azerbaijan The share of crude oil in Azerbaijan’s overall export made up 86.29% against 86.62% in 2011, 86.53% in 2010 and 81.57% in 2009. In the first quarter of 2012 oil export grew by 6.76% versus last year’s same term. The State Customs Committee (SCC) informs that [...]]]></description>
		<link>http://cesd.az/new/2012/05/oil-contributes-870-of-total-export-in-azerbaijan/</link>
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		<title>Fitch Cut Azerbaijan’s Rating</title>
		<description><![CDATA[Fitch Cut Azerbaijan’s Rating Azerbaijan’s sovereign-credit grade outlook was cut by Fitch Ratings because the Caspian Sea nation raised spending as oil output declined. Fitch lowered its outlook to stable from positive, reaffirming its BBB- rating, the lowest investment grade and on a par with Iceland, Latvia and Croatia. Moody’s Investors Service and Standard &#38; [...]]]></description>
		<link>http://cesd.az/new/2012/05/fitch-cut-azerbaijan%e2%80%99s-rating/</link>
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