Five days after my post regarding why Azerbaijan should not amend its state budget, the government announced the 2022 budget amendments. With this post, I will look at what changed and share my opinion.
Tag: SOFAZ
Oil Sector of Azerbaijan in 2020 and its Implications for the State Budget
The Coronavirus pandemic has affected almost every sector of the global economy in the first five months of 2020. To add insult to injury, the economy of Azerbaijan has been further pressured by the historically low oil prices. In this post, I decided to take a brief look at the oil sector of Azerbaijan today and its potential implications for us in the near future.
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Fiscal Rule of Azerbaijan: A Positive First Step?
As a broad term, fiscal policy refers to the management of taxes and expenditures by governments. It is certainly the number one tool that the governments utilize to intervene into the national economy. That intervention, on the other hand, should have definite restraints, which brings us to the topic of fiscal rules…
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Economir 