News Azerbaijan: IMF upgrade puts Azerbaijan’s $85 billion reserve strength in focus
Azerbaijan’s external economic position is gaining fresh international recognition as the International Monetary Fund (IMF) significantly upgrades its current account surplus forecasts for 2026 and 2027. According to the IMF’s October 2026 World Economic Outlook, Azerbaijan’s current account surplus is projected to reach 11.3% of gross domestic product (GDP) in 2026 and 9.8% in 2027. The revised estimates compare with previous projections of 9.7% and 5.4%, respectively, highlighting the country’s substantial capacity to generate foreign currency through international economic activity.
News Azerbaijan: Azerbaijan attracts strong interest from foreign companies in renewable energy projects - SOCAR Green
BAKU, Azerbaijan, September 25. Azerbaijan has attracted strong interest from foreign companies in renewable energy projects, SOCAR Green CEO Elmir Musayev said on Friday at the 2nd Azerbaijan ...
News Azerbaijan: Minister: Azerbaijan to subsidize interest on annual crop loans
The Azerbaijani government will cover interest payments on loans issued for annual crops starting this autumn, Agriculture Minister Majnun Mammadov told journalists following an event held as part of the 100th Jubilee Agribusiness Festival, according to Reports correspondent in Aghdam.
News Azerbaijan: What Chandler Governance Group’s ranking says about Azerbaijan’s financial strength
Azerbaijan’s international standing in public financial management once again highlights one of the key strengths of the country’s economic policy. In the 2026 Chandler Good Government Index, published by the Chandler Governance Group, Azerbaijan ranked third among 133 countries in the “Financial Stewardship” category. Placed behind Singapore and Norway, Azerbaijan recorded strong results in fiscal discipline, the efficiency of public spending and public debt management.
News Azerbaijan: Compulsory insurance payouts in Azerbaijan rise nearly 20%
In January–August 2026, insurance premiums totaling 213.492 million manats (approximately $125.6 million) were collected from compulsory insurance lines in Azerbaijan, marking a decline of 14.6% year-on-year, Report informs, citing the Central Bank of Azerbaijan (CBA).
News Azerbaijan: Equinor sells Azerbaijan interests to SOCAR
Equinor ASA and State Oil Co. of Azerbaijan Republic (SOCAR) have reached an agreement by which Equinor will divest all its remaining assets in Azerbaijan to SOCAR. The assets comprise a 7.27% ...
News Azerbaijan: Azerbaijan to keep key rate unchanged throughout 2026, ADB says
Azerbaijan will keep its key policy rate unchanged throughout 2026, Report informs, citing the Asian Development Outlook of the Asian Development Bank (ADB).
News Azerbaijan: Azerbaijan Issues ₼5.4 Billion In Mortgage Loans To Over 73,000 Borrowers
Azerbaijan Issues ₼5.4 Billion In Mortgage Loans To Over 73,000 Borrowers. Qabil Ashirov Read more Azerbaijan has provided 5.4 billion manats (AZN) in mortgage loans to approximately 73,400 borrowers, AzerNEWS reports, citing Rasim Abdullayev, General M
News Azerbaijan: Azerbaijan’s agricultural loan portfolio reaches ₼520.8 Million
The total volume of loans extended to Azerbaijan’s agriculture, forestry and fisheries sectors stood at ₼520.8 million ($306.4 million) at the end of August 2026. According to statistical data from the Central Bank of Azerbaijan, the loan portfolio amounted to...
News Azerbaijan: Problem loans in Azerbaijan up 36%
As of September 1, 2026, the volume of overdue loans in Azerbaijan amounted to 721.8 million manats, Report informs, citing the Central Bank of Azerbaijan.
News Azerbaijan: Azerbaijan drops FX rate corridor to float manat currency - c.bank
Azerbaijan has dropped an exchange rate corridor it used for foreign-exchange transactions, the central bank said on Thursday, in a move to let the country's manat currency float freely. The exchange rate corridor meant commercial banks could only buy and sell the manat 4 percent either side of its official rate set by the central bank. Azerbaijan had said it would let the manat fully float in 2017 after the currency dropped and the country's public finances deteriorated as the oil-rich former Soviet republic was hit by the plunge in global oil prices from mid-2014.
News Azerbaijan: Azerbaijani currency to world currency rates for August 31
BAKU, Azerbaijan, August 31. The official exchange rate of the Azerbaijani manat against major currencies as of August 31. According to information from the Central Bank of Azerbaijan (CBA), the ...
News Azerbaijan: Azerbaijan's liberated territories boast nearly full employment rate - official
BAKU, Azerbaijan, November 28. Employment levels in Azerbaijan’s liberated territories have surpassed 92 percent, Sadig Aliyev, Chairman of the Board of the State Employment Agency, told reporters…
News Azerbaijan: Azerbaijan’s employment support project boosts social welfare, minister says
BAKU, Azerbaijan, December 18. The Employment Support Project implemented by Azerbaijan’s Ministry of Labor and Social Protection of the Population, with financial backing from the World Bank, plays a ...
News Azerbaijan: Azerbaijan looks beyond oil with $5.3 billion industrial expansion
Azerbaijan's State Program for the Development of the Mining and Metallurgy Industry for 2027–2030 is a large-scale industrial plan designed to form new production chains within the country's non-oil industry. The core essence of the program is to process Azerbaijan's mineral resources domestically as much as possible, create higher added value, and ultimately supply more finished and semi-finished industrial products to foreign markets.
News Azerbaijan: ADEX and Azerbaijan’s emerging role in the regional defense industry
How two decades of investment in defense production are reshaping Azerbaijan’s strategic position . The Azerbaijan International Defense Exhibition — ADEX — has evolved into ...
News Azerbaijan: ADEX 2026: Azerbaijan signs contract for Hürkus-II
Azerbaijan has contracted Turkish Aerospace (Türk Havacılık ve Uzay Sanayii Anonim Şirketi'ne: TUSAS) to supply 14 Hürkuş-II trainer aircraft, following a signing...
News Azerbaijan: Azerbaijan nsurance Industry Governance, Risk and Compliance (GRC) Analysis Report 2025: Life, Property, Motor, Liability, Accident and Health, and Marine, Aviation and Transit ...
Opportunities in Azerbaijan's insurance market include expanding within the regulatory framework, leveraging allowed foreign investments up to 30%, and focusing on compulsory insurance segments like motor liability and workers’ compensation while navigating prohibitions on non-admitted insurance, with registered reinvestment options.Dublin, Jan. 20, 2026 (GLOBE NEWSWIRE) -- The "Azerbaijan Insurance Industry - Governance, Risk and Compliance" report has been added to ResearchAndMarkets.com's off
