Macroeconomy
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Although the decrease in oil production in Azerbaijan since 2012 is often attributed to natural processes, it is not the only factor reducing the country's resource revenues. One of the factors contri...
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The year 2024 presents significant challenges for Azerbaijan's oil and gas industry, indispensable in generating income and attracting investments for the independent Azerbaijani economy. The reductio...
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The internationally reputable rating agency Fitch Ratings upgraded Azerbaijan's long-term foreign currency issuer default rating (IDR) from "BB+" to "BBB-" — an investment-grade rating (!) with a stab...
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The Azerbaijani government, through its budget formation and statistical accounting structures, reported that it concluded the first half of the economic year on a "positive note."
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International rating agency Moody's has affirmed the issuer ratings and senior unsecured ratings of the government of Azerbaijan in foreign currency at Ba1 and has revised the outlook from stable to p...
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The challenges faced by Azerbaijan as the host before COP29 show that preparations for this event, especially the organization of logistical issues, the harmonization of the legislative and regulator...
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Fifth difficulty: The level of logistical and accommodation preparation is not sufficient to meet the needs for COP29.
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Third challenge: Adapting the legislative and regulatory framework to COP29 requirements.
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Second challenge: Increase in spending on climate change mitigation.
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On June 7, the international rating agency S&P Global has reaffirmed Azerbaijan's sovereign credit ratings at BB+/B, maintaining a stable outlook.
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The 29th International Caspian Oil & Gas[1] and the 12th Caspian International Energy and Green Energy exhibitions are being held within the framework of the "Baku Energy Week" from June 3 to 5, and t...
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One of the target indicators to be implemented by 2025 in the Strategic Roadmap[1], which defines the development prospects of the national economy from 2017, is to reduce the dependence of the state...
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The dynamics of foreign direct investments (FDI) in the non-oil sector among the target indicators defined in the Strategic Roadmap[1] for the Perspective of the National Economy (Strategic Roadmap) a...
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Although it is the third decade that Azerbaijan has been able to maintain balance in sectors that cannot meet its needs, as well as rationality in the state budget due to oil and gas revenues obtained...
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Reducing economic growth in Azerbaijan in 2023 from 4.6 percent in the previous year to 1.1 percent and forecasts that the decline will continue in the current and future years make avoiding the middl...
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Acording to the World Bank, countries are divided into 4 groups regarding the income level[1]. Countries with per capita incomes of less than $ 1,135 for fiscal year 2023/2024 belong to low-income gro...