Executive Board
Board Discussions
on the Republic of Azerbaijan:

May 3, 2013
May 3, 2010
May 23, 2008
May 9, 2007
March 27, 2006

Article IV Staff Reports

Projected % Change
   2016  2017
Real GDP -3 1
Consumer Prices 12.8 9.5
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Azerbaijan: Financial Position in the Fund

Transactions with the Fund

Central Bank
National Bank of the Republic of Azerbaijan

Finance Ministry
Ministry of Finance

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Republic of Azerbaijan and the IMF
Updated June 8, 2016

The last Article IV Executive Board Consultation was on May 03, 2013. Listed below are items related to the Republic of Azerbaijan, in reverse chronological order (you can also view items by category).

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October 02, 2004 -- IMFC Statement by H. E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 82Kb
August 01, 2004 -- Analysis of Recent Growth in Low-Income CIS Countries
Author/Editor: Loukoianova, Elena | Unigovskaya, Anna
Series: Working Paper No. 04/151
May 01, 2004 -- Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice
Author/Editor: Helbling, Thomas | Mody, Ashoka | Sahay, Ratna
Series: Working Paper No. 04/93
April 26, 2004 -- Press Release: IMF, World Bank, EBRD and AsDB Release Report on CIS-7 Initiative
April 24, 2004 -- IMFC Statement by Hon. Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 556Kb
April 23, 2004 -- Recent Policies and Performance of the Low-Income CIS Countries -- An Update of the CIS-7 Initiative
The second report to the Executive Boards since the launch of the CIS-7 Initiative in April 2002. This Initiative was designed to increase donor awareness about the problems of these countries, and to enhance donor and country coordination. Presents a review of recent trends and developments in the seven low-income countries of the CIS, Armenia, Azerbaijan, Georgia, Kyrgyz Republic, Moldova, Tajikistan, and Uzbekistan. Also describes donor activities in support of reforms in these areas.
April 21, 2004 -- Managing Oil Wealth: The Case of Azerbaijan
Author/Editor: Danninger, Stephan | Le Borgne, Eric | Wakeman-Linn, John | Hobdari, Niko | Aturupane, Chonira | Gvenetadze, Koba
April 01, 2004 -- Press Release: IMF Staff Statement on the Delay in the Completion of the Fourth Review of Azerbaijan Republic's PRGF Arrangement
January 14, 2004 -- Azerbaijan Republic: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Azerbaijan Republic
Series: Country Report No. 04/9
December 19, 2003 -- Press Release: IMF Completes Third Review Under Poverty Reduction and Growth Facility Arrangement with the Azerbaijan Republic
December 04, 2003 -- Azerbaijan Republic -- Letter of Intent, December 4, 2003
This Letter of Intent of the government of Azerbaijan Republic describes the policies that Azerbaijan Republic intends to implement in the context of its request for financial support from the IMF.
December 01, 2003 -- Country Focus: The Commonwealth of Independent States -- Finance & Development - December 2003 - Volume 40 - Number 4
A decade after starting their transition to market economies, the CIS countries have achieved impressive economic growth but need to implement further structural reforms to strengthen the investment climate; a statistical analysis illustrated with six graphs.
PDF File Size: 63 Kb
December 01, 2003 -- Bridging the "Great Divide" -- Finance & Development - December 2003 - Volume 40 - Number 4
Poorly developed financial systems in the CIS-7 countries may jeopardize their sustained growth.
PDF File Size: 195 Kb
October 01, 2003 -- Of Openess and Distance: Trade Developments in the Commonwealth of Independent States, 1993-2002
Author/Editor: Elborgh-Woytek, Katrin
Series: Working Paper No. 03/207
October 01, 2003 -- Priorities for Further Fiscal Reforms in the Commonwealth of Independent States
Author/Editor: Lorie, Henri
Series: Working Paper No. 03/209
October 01, 2003 -- Financial Development in the CIS-7 Countries: Bridging the Great Divide
Author/Editor: De Nicoló, Gianni | Geadah, Sami | Rozhkov, Dmitriy
Series: Working Paper No. 03/205
September 21, 2003 -- Statement by the Honorable Kaspar Villiger, Minister of Finance of Switzerland, on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
on behalf of Azerbaijan, Kyrgyz Republic, Poland, Serbia and Montenegro, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
September 01, 2003 -- Reforming Tax Systems: Experience of the Baltics, Russia, and Other Countries of the Former Soviet Union
Author/Editor: Stepanyan, Vahram
Series: Working Paper No. 03/173
September 01, 2003 -- Nominal Anchors in the CIS
Author/Editor: Keller, Peter | Richardson, Thomas J.
Series: Working Paper No. 03/179
August 21, 2003 -- Fiscal Policy Formulation and Implementation in Oil-Producing Countries
Author/Editor: Jeffrey M. Davis | Annalisa Fedelino | Rolando Ossowski

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