Economy
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9 January 2026 13:10 (UTC +04:00)

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


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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