Azerbaijan Economy in the First Quarter in 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first quarter in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.5 % in […]
CESD Research Paper: Why Azerbaijan needs a Strategic Reform of its foreign policy towards the European Union?
CESD Research Paper: Why Azerbaijan needs a Strategic Reform of its foreign policy towards the European Union? During the course of 2015 Azerbaijan suffered the impact of two devaluations of the national currency, Azerbaijani Manat (AZN), due to the decrease of the world oil prices. Given that oil and natural gas accounts for more than […]
ISET’s Master’s Degree in Economics The International School of Economics at Tbilisi State University (ISET) accepts online applications for its highly-prestigious Master’s Degree Program in Economics. Azerbaijani applicants are offered: • Scholarships, covering the full or partial cost of tuition • Living stipends • Free housing for the entire duration of studies in Tbilisi • […]
Azerbaijani Oil Fund`s 2016 Budget: The deficit is higher than the fund’s income The budget of the State Oil Fund (SOFAZ) for 2016 was amended on March 2016. According to the new amendment the SOFAZ budget deficit will exceed its revenues for the year. Under the new document, Fund’s revenues were reduced from 6.712 billion […]
Economists Appeal to President to Solve Foreign Currency Loans Problem A group of prominent economists of Azerbaijan appealed to President Ilham Aliyev with a request to resolve the problem of foreign currency loans of the population. The problem of repayment of loans issued in foreign currency worsened markedly after the devaluation of the manat, which […]