Azerbaijani economy

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Fitch improves Azerbaijan's 2022 GDP growth forecast

Fitch improves Azerbaijan's 2022 GDP growth forecast

The international rating agency Fitch Ratings improved the forecast for Azerbaijan's GDP growth from 3.6% (April forecast) to 4.3% in 2022. In 2023-2024, the country's GDP growth is expected to be at the level of 2.3% per …

Azerbaijan protected from external economic pressures

Azerbaijan protected from external economic pressures

Azerbaijan is protected from the external economic pressures due to the events in Ukraine, according to Moody’s Investors Service (Moody’s). Moody's expect current account balances to deteriorate for most …

Azerbaijan's non-oil exports up by 59%

Azerbaijan's non-oil exports up by 59%

Azerbaijan's exports in the non-oil sector increased by 59% in January 2022, Azerbaijani Economy Minister Mikayil Jabbarov said. He added that the country's total exports increased by 90.1%, compared to the same month …

Report: Karabakh separatism has no prospects

Report: Karabakh separatism has no prospects

In post-war period, the Armenian population of Azerbaijan living in the zone of responsibility of the Russian peacekeepers has no alternatives left to full-fledged integration into the Azerbaijani economy: the separatist regime, which has been …

Liberated Azerbaijani territories to be restored in four stages

Liberated Azerbaijani territories to be restored in four stages

A concept was prepared for the restoration and development of the Azerbaijani lands liberated from the Armenian occupation in accordance with the instruction of the President of Azerbaijan Ilham Aliyev, Azerbaijani Minister of Economy Mikayil …

Azerbaijan to auction over hundred state properties

Azerbaijan to auction over hundred state properties

The State Property Service under the Azerbaijani Ministry of Economy will hold an auction on January 19, 2021, Trend reports referring to the ministry. According to the information, 103 facilities of state property will be put …

Azerbaijan, among flattening the curve nations

Azerbaijan, among flattening the curve nations

The news speaks about flattening the curve and reductions in Coronavirus detected cases the world over. Often the media mentions flattening the curve in the United States, European countries, even Israel. In an article published by …