Executive Board
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on the Republic of Azerbaijan:

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

Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 4.5 4.3
Consumer Prices 2.8 3
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/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


IMF Local Office in Azerbaijan

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Republic of Azerbaijan and the IMF
Updated October 11, 2014

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Press Releases
June 02, 2014 -- Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with the Republic of Azerbaijan
March 18, 2014 -- Press Release: Statement at the End of an Article IV Mission to Azerbaijan
November 15, 2013 -- Press Release: Statement at the End of an IMF Staff Visit to Azerbaijan
March 12, 2013 -- Press Release: Statement at the Conclusion of the IMF's 2013 Article IV Consultation Mission to Azerbaijan
November 20, 2012 -- Press Release: Statement at the Conclusion of an IMF Staff Visit to Azerbaijan
May 09, 2012 -- Press Release: Statement at the Conclusion of an IMF Staff Visit to Azerbaijan
November 02, 2011 -- Press Release: Statement at the Conclusion of the IMF's 2011 Article IV Consultation Mission to Azerbaijan
February 15, 2011 -- Press Release: Statement by the IMF Staff Visit to the Republic of Azerbaijan
March 03, 2010 -- Press Release: Statement by the IMF Staff Mission for the 2010 Article IV Consultation Discussions with the Republic of Azerbaijan
May 29, 2007 -- Press Release: IMF's Middle East and Central Asia Department Sees the Growth Boom Continuing in the Caucasus and Central Asia, but Highlights the Need for Vigilance Against Inflationary Pressures and Excessive External Borrowing
December 21, 2005 -- Press Release: Statement by the IMF Mission for the 2005 Article IV Consultation with the Republic of Azerbaijan
July 22, 2005 -- Press Release: Statement by IMF Deputy Managing Director Agustín Carstens at the Conclusion of his Visit to Azerbaijan
June 24, 2005 -- Press Release: IMF Executive Board Completes Fifth Review Under Azerbaijan's PRGF Arrangement
December 23, 2004 -- Press Release: IMF Executive Board Completes Fourth Review Under Azerbaijan Republic's PRGF Arrangement and Approves US$19.7 Million Disbursement
December 16, 2004 -- Press Release: Azerbaijan Republic Accepts Article VIII Obligations
April 26, 2004 -- Press Release: IMF, World Bank, EBRD and AsDB Release Report on CIS-7 Initiative
April 01, 2004 -- Press Release: IMF Staff Statement on the Delay in the Completion of the Fourth Review of Azerbaijan Republic's PRGF Arrangement
December 19, 2003 -- Press Release: IMF Completes Third Review Under Poverty Reduction and Growth Facility Arrangement with the Azerbaijan Republic
May 15, 2003 -- Press Release: IMF Approves US$18 Million PRGF Disbursement to the Azerbaijan Republic and Requests for Waivers of Performance Criteria and Extension of Arrangement
January 22, 2003 -- Press Release: Lucerne Conference on the CIS-7 Initiative
April 20, 2002 -- Press Release: Ministers Endorse International Initiative for Seven Poor Countries of the Commonwealth of Independent States
July 02, 2001 -- Press Release: IMF Approves in Principle Three-Year PRGF Loan of US$100 Million for Azerbaijan Republic
January 26, 1999 -- Press Release: IMF Approves Third Annual ESAF Loan for Azerbaijan and Financing Under the CCFF and EFF
December 23, 1997 -- Press Release: IMF Approves Second Combined ESAF/EFF Financing for Azerbaijan
December 20, 1996 -- Press Release: IMF Approves Combined ESAF/EFF Financing for Azerbaijan
November 17, 1995 -- Press Release: IMF Approves Stand-by Credit and Second STF Drawing for Azerbaijan Republic
April 19, 1995 -- Press Release: IMF Approves STF Drawing for the Republic of Azerbaijan