CESD Reports

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  • Amendments to the 2018 State Budget in Azerbaijan: Back to the oil boom period? 

    Hasanov, Rashad (Center for Economic and Social Development, 2018-06-30)
    As expected, in the 2nd week of June, the Azerbaijani government started to revise the state budget and make amendments to it. It should be noted that the higher-than-expected prices of hydrocarbon products in global markets have created a basis for ...
  • A decline in the Central Bank’s reserves and growth in demand for foreign currency in Azerbaijan: What’s next? 

    Hasanov, Rashad (Center for Economic and Social Development, 2018-05-30)
    Demand for foreign currency auctions is increasing, foreign currency reserves of the Central Bank are decreasing and the Manat money base is getting smaller. These developments occurrence raises a question in the minds of stakeholders: will the current ...
  • How Much Does Azerbaijan Really Earn from Higher Oil Prices? 

    Development, Center for Economic and Social (Center for Economic and Social Development, 2018-04-30)
    Fiscal revenues of carbohydrogen rich Azerbaijan is severely dependent on sales of oil, oil products and natural gas. From this point of view the change of oil prices in the global markets is considered as the main indicator for estimating the financial ...
  • The national currency rate of Azerbaijan: after the presidential elections 

    Hasanov, Rashad; Huseynov, Kamran (Center for Economic and Social Development, 2018-04-30)
    The subsequent destiny of the national currency's (manat) exchange rate (after the presidential election in the Republic of Azerbaijan, April 11, 2017) is one of the main topics of public debate in recent weeks, as well as the main focus of the mass ...

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