{
  "title": "Republic of Azerbaijan: Ex Post Assessment of Longer-Term Program Engagement",
  "publication": "IMF Staff Country Reports, August 1, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-azerbaijan-ex-post-assessment-of-longer-term-program-engagement-18446",
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  "summary": "The staff report on the Ex Post Assessment of Longer-Term Program Engagement for the Republic of Azerbaijan highlights macroeconomic performance and fiscal policy.",
  "publishDate": "2005-08-01",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Macroeconomic performance and fiscal policy",
      "content": "- The staff report highlights macroeconomic performance and fiscal policy.\n- Executive Directors underscored the need to maintain macroeconomic stability at a time when oil revenue is projected to increase substantially."
    },
    {
      "heading": "Structural reforms and progress",
      "content": "- Significant progress was achieved in:\n  - fiscal management,\n  - the privatization of small- and medium-size enterprises,\n  - trade and price liberalization."
    },
    {
      "heading": "Key challenges and policy priorities",
      "content": "- Principal challenges identified:\n  - achieving sustainable growth of non-oil output,\n  - diversifying the economy,\n  - reducing poverty,\n  - maintaining macroeconomic stability amid projected substantial increases in oil revenue."
    },
    {
      "heading": "Topics covered",
      "content": "- Exchange rates\n- Expenditure\n- Fiscal policy\n- Foreign exchange\n- Government debt management\n- Oil, gas and mining taxes\n- Public financial management (PFM)\n- Taxes\n\nInternational Monetary Fund. \"Republic of Azerbaijan: Ex Post Assessment of Longer-Term Program Engagement\", IMF Staff Country Reports 2005, 259 (2005).\n\n---\n\n Content in this bundle\n\n- cr05259\n  - cr05259 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05259 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-azerbaijan-ex-post-assessment-of-longer-term-program-engagement-18446"
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    "Published: August 1, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451802696.002",
    "The staff report highlights macroeconomic performance and fiscal policy.",
    "Executive Directors underscored the need to maintain macroeconomic stability at a time when oil revenue is projected to increase substantially.",
    "Significant progress was achieved in:",
    "Principal challenges identified:",
    "Exchange rates",
    "Expenditure",
    "Fiscal policy",
    "Foreign exchange",
    "Government debt management",
    "Oil, gas and mining taxes",
    "Public financial management (PFM)",
    "Taxes",
    "**_cr05259**"
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