Source link : https://europ.info/2025/06/24/republic-of-azerbaijan-key-insights-from-the-2025-article-iv-consultation-and-executive-directors-statement/
The International Monetary Fund (IMF) has released its 2025 Article IV Consultation report on the Republic of Azerbaijan, providing a comprehensive assessment of the country’s economic outlook and policy framework. This latest review, which includes the Staff Report, a Press Release, and a Statement by the Executive Director, offers key insights into Azerbaijan’s fiscal performance, growth prospects, and ongoing reforms. As the nation navigates a complex global economic environment, the IMF’s findings and recommendations serve as an important guide for policymakers and investors alike, highlighting both challenges and opportunities in Azerbaijan’s economic trajectory.
Republic of Azerbaijan’s Economic Performance and Policy Developments in 2025 Article IV Consultation
The International Monetary Fund (IMF) commended the Republic of Azerbaijan for maintaining a resilient economic trajectory amid complex global challenges in 2025. The nation’s GDP growth is projected to stabilize at around 2.8%, supported by robust energy exports and expanding non-oil sectors. Fiscal consolidation efforts and inflation control measures implemented by the government have contributed to macroeconomic stability, despite fluctuating commodity prices and geopolitical uncertainties in the region. The report emphasizes the importance of continued structural reforms to diversify the economy and enhance private sector development.
Key policy recommendations highlight the need to: