This web page provides information on the activities of the Office, views of the IMF staff, and the relations between the Republic of Azerbaijan and the IMF. Additional information can be found on the Republic of Azerbaijan and IMF country page, including official IMF reports and Executive Board documents in English that deal with Azerbaijan.
IMF Work on Azerbaijan
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October 24, 2024
This year has been challenging, with conflicts causing devastating human suffering and economic damage. Oil production cuts are contributing to sluggish growth in many economies, too. The recent escalation in Lebanon has increased uncertainty in the MENA region. The second important issue is on growth. For 2024, growth is projected at 2.1 percent, a downgrade revision of 0.6 percent from the April WEO forecast, and this is largely due to the impact of the conflict and the prolonged OPEC+ production cuts. To the extent that these gradually abate, we anticipate stronger growth of 4 percent in 2025. However, uncertainty about when these factors will ease is still very high.
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Transcript of Middle East and Central Asia April 2024 Press Briefing
April 18, 2024
Transcript of Middle East and Central Asia April 2024 Press Briefing
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Report on the Financial Soundness Indicators Technical Assistance Mission
March 6, 2024
Author/Editor:Mahmut Kutlukaya
Series:High Level Summary Technical Assistance Report No. 2024/008 -
Republic of Azerbaijan: 2023 Article IV Consultation-Press Release; and Staff Report
February 7, 2024
Series:Country Report No. 2024/045
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IMF Executive Board Concludes 2023 Article IV Consultation with the Republic of Azerbaijan
February 6, 2024
On January 11, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Azerbaijan and endorsed the staff appraisal without a meeting on a lapse of time basis.
IMF Work in the Region
- How Deficits are Being Financed in the CCA Oil Exporters
October 21, 2016 - Need for Reforms Intensifies Amid Weak Growth in Caucasus, Central Asia
October 21, 2016 - Battered by External Shocks, REO Update
April 1, 2016 - How to De-Dollarize Financial Systems in the Caucasus and Central Asia?
September 23, 2015 - Making Public Investment More Efficient
June 11, 2015 - Estimating Potential Growth in the Middle East and Central Asia
March 20, 2015 - Making the Most of Public Investment in MENA and CCA oil exporting countries
November 13, 2014
Regional Economic Outlook
October 31, 2024
Navigating the Evolving Geoeconomic Landscape
The global economic landscape faces significant challenges, including from geoeconomic fragmentation. In the Middle East and North Africa and Caucasus and Central Asia regions, economies are facing shifting trade patterns while also dealing with frequent shocks from conflicts and climate change. Moreover, medium-term growth prospects have deteriorated over the past two decades and are projected to remain subdued. Decisive reforms are needed to place countries on the path to a more resilient and inclusive economic future.
Read the Report
This web page provides information on the activities of the Office, views of the IMF staff, and the relations between the Republic of Azerbaijan and the IMF. Additional information can be found on the Republic of Azerbaijan and IMF country page, including official IMF reports and Executive Board documents in English that deal with Azerbaijan.