Azerbaijan Local Office Site

IMF Local Office in Azerbaijan

This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Azerbaijan and the IMF. Additional information can be found on Azerbaijan and IMF country page, including official IMF reports and Executive Board documents in English that deal with Azerbaijan.

News — Highlights

Azərbaycanda 2013-ci il üzrə IV Maddə məsləhətləşmələrini aparmış missiyanın işinin yekunlarına dair Bəyanat

Mətbuat üçün Məlumat; 12 mart, 2013-cü il 

BVF əməkdaşlarının Azərbaycana səfərinin yekunlarına dair bəyanat

2012-ci il, 8-20 noyabr tarixində Beynəlxalq Valyuta Fondunun (BVF) missiyası ikin olaraq 2013-cü il fevral ayının sonuna planlaşdırılan IV Maddə üzrə növbəti Məsləhətləşmələr missiyasına hazırlıq məqsədilə, dövlətin iqtisadi siyasətini və Azərbaycan iqtisadiyyatının gələcək perspektivlərini müzakirə etmək üçün Bakıya səfər etmişdir. BVF əməkdaşları yüksək dövlət rəsmiləri və qeyri-hökümət sektorunun nümayəndələri ilə görüşmüşdür. 

Республика Азербайджан- Заключительное заявление миссии по итогам консультаций

С самого начала нынешнего нефтяного бума в Азербайджане отмечаются высокие темпы экономического роста при значительном сокращении масштабов бедности. 

Republic of Azerbaijan; Aide Memoire of Staff Visit

An International Monetary Fund (IMF) staff mission, led by Nadeem Ilahi, visited Baku during February 7-15, 2011 to discuss recent economic developments and future prospects for the Azerbaijani economy 

Заявление миссии МВФ по результатам рабочего визита в Республику Азербайджан

Пресс-релиз №. 11/44 

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Azerbaijan and the IMF

Republic of Azerbaijan: 2013 Article IV Consultation

June 19, 2013
Series: Country Report No. 13/164 

Republic of Azerbaijan: Selected Issues

June 19, 2013
Series: Country Report No. 13/165 

Public Information Notice: IMF Executive Board Concludes 2013 Article IV Consultation with the Republic of Azerbaijan

May 21, 2013
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment. 

Press Release: Statement at the Conclusion of the IMF's 2013 Article IV Consultation Mission to Azerbaijan

March 12, 2013

Republic of Azerbaijan — Concluding Statement of the 2013 Article IV Consultation Mission

March 12, 2013
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments. 

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Regional Economic Outlook: Middle East and Central Asia

Two years after the onset of the "Arab Spring," many countries in the Middle East and North Africa continue to undergo complex political, social, and economic transitions. Economic performance across the region was mixed in 2012: although most oil-exporting countries grew at healthy rates, economic growth remained sluggish in the oil importers. In 2013, these differences are expected to narrow because of a scaling-back of hydrocarbon production among oil exporters and a mild economic recovery among oil importers. Many countries face the immediate challenge of re-establishing or maintaining macroeconomic stability amid political uncertainty and social unrest, but the region must not lose sight of the medium-term challenge of diversifying its economies, creating jobs, and generating more inclusive growth.

For the countries in the Caucasus and Central Asia region, the near-term outlook remains broadly favorable, reflecting high oil prices for the oil and gas exporters and strong non-oil commodity prices and robust remittances in the oil and gas importers. Risks to this favorable outlook could stem from still-subdued world demand, domestic political uncertainties, and geopolitical risks in the region. Policymakers, particularly in the oil-importing countries, should take advantage of the favorable outlook to re-establish fiscal policy buffers that were eroded in the aftermath of the global crisis. Across the region, countries should reinvigorate their reform efforts to address longstanding structural issues, with a view to improving governance, building an investor-friendly environment, developing a more inclusive financial system, and fostering regional trade and finance integration.