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Government House in winter in Baku, Azerbaijan

Government House in winter in Baku, Azerbaijan. iStockPhoto

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

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Republic of Azerbaijan- Aide Memoire of Staff Visit

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. click for more

Statement at the End of an IMF Staff Visit to Azerbaijan

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. click for more

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

Mətbuat üçün Məlumat; 12 mart, 2013-cü il click for more

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. click for more

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. click for more

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Azerbaijan and the IMF

Press Release: IMF Concludes Financial Sector Assessment Program with Azerbaijan

July 21, 2015

Press Release: IMF Staff Concludes Visit to Azerbaijan

June 9, 2015

IMF Survey : More Efficient Public Investment a Mideast, Central Asia Priority

November 17, 2014
Improving the efficiency of public infrastructure investment across many oil exporters in the Middle East and North Africa and the Caucasus and Central Asia is now more important than ever, a new IMF study says. click for more

Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries

November 12, 2014

Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries

November 12, 2014

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Caucasus and Central Asia

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Oil Price Decline and Regional Spillovers Darken the Outlook

Economic activity in the Caucasus and Central Asia (CCA) will continue to decelerate in 2015 mainly as a consequence of lower commodity prices and spillovers from Russia's slowdown. Where fiscal space and available financing allow, temporary fiscal easing would help economies respond to weakening demand and declining remittances. Over the medium term, fiscal consolidation is needed to rebuild depleted buffers and adjust spending plans to the new regional and global economic context. In light of the depreciation of the ruble and the appreciation of the dollar, greater exchange rate flexibility would ease pressure on reserves while helping oil exporters adjust to lower oil prices. Monetary policy may need to be tightened to keep inflation expectations anchored in the face of weakening currencies. Over the medium term, deep structural reforms, particularly to improve the business climate and governance, would raise prospects and make economic growth more inclusive and diversified.