IMF Staff Country Reports

Republic of Azerbaijan: Ex Post Assessment of Longer-Term Program Engagement

August 1, 2005

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Republic of Azerbaijan: Ex Post Assessment of Longer-Term Program Engagement, (USA: International Monetary Fund, 2005) accessed September 18, 2024

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. On the structural front, significant progress was achieved in fiscal management, the privatization of small- and medium-size enterprises, and trade and price liberalization. Executive Directors underscored that Azerbaijan faces the challenge of achieving sustainable growth of non-oil output, diversifying the economy, and reducing poverty while maintaining macroeconomic stability at a time when oil revenue is projected to increase substantially.

Subject: Exchange rates, Expenditure, Fiscal policy, Foreign exchange, Government debt management, Oil, gas and mining taxes, Public financial management (PFM), Taxes

Keywords: Assessment, Authorities' preference, Azeri authorities, CR, Exchange rates, Executive board assessment, Executive board discussion, Fund, Fund support, Gas and mining taxes, Government, Government debt management, Government procurement, ISCR, Longer-term program engagement, Oil, Policy, Program growth objective

Publication Details

  • Pages:

    37

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/259

  • Stock No:

    1AZEEA2005004

  • ISBN:

    9781451802696

  • ISSN:

    1934-7685