IMF, Fitch and S&P paint a picture of steady growth, fiscal resilience and geopolitical cooperation in the South Caucasus
The IMF, Fitch Solutions, and S&P Global have all affirmed Azerbaijan’s projected economic growth, anticipating a moderate expansion. This positive outlook is largely driven by diversification efforts, with declines within the hydrocarbon sector being counterbalanced by growth in non-oil industries. The overall economic picture remains stable. Crucially, fiscal and financial stability within Azerbaijan are firmly…