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.
An International Monetary Fund (IMF) staff mission, headed by Raja Almarzoqi, visited Baku during November 8-15, 2013 to discuss recent economic developments, government policies and future prospects for the Azerbaijani economy.
November 15, 2013
A staff team of the International Monetary Fund (IMF) led by Raja Almarzoqi visited Baku during November 8-15, 2013, to assess macroeconomic developments and pave the ground for the next Article IV Consultation mission in March 2014.
November 15, 2013
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
April 11, 2011
Пресс-релиз №. 11/44
February 15, 2011
The economic upturn in the Caucasus and Central Asia is gathering momentum, with growth for the region projected to increase to 5¾ percent in 2010 from 3½ percent in 2009, a senior IMF official said.
October 28, 2010
IMF's work on Azerbaijan
September 15, 2016
September 14, 2016
Series: Country Report No. 16/296
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
June 1, 2016
February 5, 2016
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