IMF Staff Country Reports

Republic of Azerbaijan: Selected Issues

January 18, 2012

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Republic of Azerbaijan: Selected Issues, (USA: International Monetary Fund, 2012) accessed November 23, 2024

Summary

This Selected Issues paper on Azerbaijan highlights that rapid non-oil growth since the onset of the oil boom has contributed to substantial reduction in poverty and inequality. To keep growth inclusive, there is a need to accelerate economic diversification and make the nonhydrocarbon private sector a self-sustaining engine of growth. Policy priorities include strengthening governance and the business environment and improving human capital and productive infrastructure to enhance the productivity of private investment. Expanding the relatively well-targeted social safety net will ensure coverage of the vulnerable groups.

Subject: Consumption taxes, Corporate income tax, Exchange rate arrangements, Expenditure, Foreign exchange, Oil prices, Prices, Revenue administration, Taxes

Keywords: Azerbaijan, Azerbaijani authorities, Central and Eastern Europe, Central Asia, Central bank, CIT rate, CIT revenue, Corporate income tax, CR, Customs revenue collection process, Eastern Europe, Europe, Exchange rate, Exchange rate arrangements, GDP growth, Global, Government, Government spending, Indirect tax, ISCR, Money supply, Oil prices, Personal income

Publication Details

  • Pages:

    24

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/006

  • Stock No:

    1AZEEA2012002

  • ISBN:

    9781463931889

  • ISSN:

    1934-7685