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.
Azerbaijan: At a Glance
- Current IMF membership: 189 countries
- Azerbaijan joined the Fund on September 18, 1992
- Quota: SDR 391.70 million
- IMF Staff Team Concludes Visit to Azerbaijan; September 2016
IMF Work on Azerbaijan
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Regional Economic Outlook: Middle East and Central Asia Update
April 30, 2017
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Azerbaijan's Opportunity to Reboot, Diversify Economy
September 15, 2016
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September 14, 2016
Series: Country Report No. 16/296
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Learning to Live with Cheaper Oil : Policy Adjustment in MENA and CCA Oil-Exporting Countries
June 8, 2016
Author/Editor: Martin Sommer ; Allan Auclair ; Armand Fouejieu ; Inutu Lukonga ; Saad Quayyum ; Amir Sadeghi ; Gazi Shbaikat ; Andrew Tiffin ; Bruno Versailles
Series: Middle East and Central Asia Departmental Paper No. 16/3 -
Press Release: IMF Staff Team Concludes Visit to Azerbaijan
June 1, 2016
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
Caucasus and Central Asia: Is the Worst Over?
October 2016
Fiscal accommodation and exchange rate adjustment have helped the Caucasus and Central Asia (CCA) mitigate the immediate impact from large and persistent external shocks, particularly the slump in commodity prices and weaker growth in key trading partners. Growth is starting to recover, but these shocks have left the region with increased fiscal, external, and financial sector vulnerabilities, along with less policy space and weaker medium-term prospects. Policies should continue to support growth in the near term where policy space is available, while aiming to reduce vulnerabilities over time, including through the formulation of credible multiyear fiscal plans, modernization of monetary policy frameworks, and strengthening of financial supervision. Structural transformation to diversify away from commodities and reduce reliance on remittances is needed to improve medium-term growth prospects, boost job creation, and avoid a deterioration in living standards. Read the report