European Parliament Library

Republic of Azerbaijan :, 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Republic of Azerbaijan

This Article IV Consultation reports on policies of the Republic of Azerbaijan. These policies contain inflation and measures to strengthen the resilience of the banking system to promote the development of the financial sector. Non-oil GDP continued to expand rapidly, pushed by large increases in public expenditure, including wages and pensions. The authorities intend to continue with their expansionary fiscal plans in 2008, in line with their strategy to pursue fast improvements in living standards and infrastructure to set the basis for long-term non-oil growth
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Developments; III. Outlook; A. Short-Term; B. Medium- and Long-Term; IV. The Authorities' Views; A. Macroeconomic Policy Mix to Reduce Inflation; B. Improving the Quality and Efficiency of Public Expenditures; C. Strengthening the Financial System; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2004-08; 2. Balance of Payments, 2004-08; 3. Consolidated Central Government Operations, 2004-08 (In millions of manats); 4. Consolidated Central Government Operations, 2004-08 (In percent of non-oil GDP)
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (60 p.)
Specific Material Designation
Form Of Item

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