World Bank Highlights Investment Potential In Azerbaijan's Non-Oil Sectors

2025-10-31 06:06:52

(MENAFN- AzerNews)

Despite a decline in oil revenues, macroeconomic buffers remain substantial. State Oil Fund (SOFAZ) reserves reached $65 billion-equivalent to 88% of GDP-while Central Bank reserves rose to $11.5 billion, sufficient to cover 5.6 months of imports. Looking ahead, the World Bank projects modest growth of 1.7% between 2025 and 2027, reflecting tighter fiscal policy and potential vulnerabilities linked to fluctuating energy prices.

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