IMF portrays future of Azerbaijan's economy amid energy transition (Exclusive)

2026-1-9 12:10

The energy sector will continue to be the bread and butter of Azerbaijan's economy, given its heavy hand in shaping fiscal revenues and exports. However, the global energy transition and reduced demand for fossil fuels pose challenges to long-term growth.

Economic diversification is key, and attracting private investment through reforms in state-owned enterprises, governance, and finance access remains vital. .

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and the energy

Ôîòî: trend.az

Kyrgyzstan, World Bank sign agreement for inclusive growth support

Kyrgyzstan and the World Bank have formalized a $101.5 million financing agreement to support the country’s comprehensive reform efforts aimed at sustainable and inclusive growth. This funding will help modernize the energy sector, improve social services, and strengthen fiscal stability, marking a key step in boosting Kyrgyzstan’s socio-economic development and improving the quality of life for its citizens. trend.az »

2025-07-09 09:43