Mobile Phone Gps

AZN 1 billion – for purchase of household appliances and mobile phones

AZN 1 billion – for purchase of household appliances and mobile phones “Loans to purchase household appliances and mobile phones constituted 15% of the consumer loans issued by commercial banks”. According to the newspaper “Echo” that the statement came from the chairman of the Center for Economic and Social Development (CESD) Vugar Bayramov. According to […]

About CESD

The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

News

oil_fund

BP’s Azeri Oil Output Declined

BP’s Azeri Oil Output Declined Output from Azerbaijan’s Azeri-Chirag-Guneshli (ACG) oilfields declined to an average 656,000 barrels per day (bpd) in the first half of 2014 from 672,000 bpd in the same period last year, BP-Azerbaijan said in a statement. BP said earlier this year that oil production at the ACG fields might be slightly […]

export

CESD: Import from Russia to Azerbaijan increased by 15%

CESD: Import from Russia to Azerbaijan increased by 15% The fall of the national currency of one of Azerbaijan’s main trade partners may stimulate imports to our country and restrict exports. Cesd.az reports referring to the newspaper “Echo” that it is the opinion of the chairman of the Center for Economic and Social Development Vugar […]

poverty

What is the poverty level in Azerbaijan?

What is the poverty level in Azerbaijan? “In an ideal world the figure of poverty rate would stand at zero. Official statistics show that today 5.6 percent of 9.5-million Azerbaijanis or some 500,000 people live in poverty,” Vugar Bayramov, the Chairman of the Center for Economic and Social Development (CESD) told local press. However, the […]

price

Inflation comes in higher than expected

Inflation comes in higher than expected “The macroeconomic indicators are positive, and the trend will continue throughout the second half of this year,” Chairman of the Center for Economic and Social Development Vugar Bayramov told local press. “But, a look at specific sectors of the economy shows that there would be a price hike in […]