CBA: Zero growth expected in Azerbaijan's oil and gas sector in 2027
Finance
- 15 May, 2026
- 14:52
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Azerbaijani government forecasts zero economic growth in the country"s oil and gas sector in 2027, as stated in the Central Bank of Azerbaijan's (CBA) Monetary Policy Review for the first quarter of 2026.
According to Report, this year, the government expects GDP in the oil and gas sector to decline by 3.3%.
According to forecasts, growth in Azerbaijan's non-oil and gas sector will amount to 3.2% in 2026 and 4.2% in 2027.
Latest News
20:27
FT: US threatens to halt intelligence sharing with Ukraine over strikes on Russian oil refineries
Other countries20:07
Rashad Aslanov: Future of Turkic world depends on youth cooperation
Region19:38
Azerbaijani judokas win seven medals in individual events at World Championships
Individual sports19:17
Azerbaijan's Agriculture Minister Majnun Mammadov on working visit to China
Foreign policy19:09
Photo
Turkic world countries discuss establishing joint reinsurance pool
Finance19:02
Photo
World Championships: Ushangi Kokauri wins silver medal – UPDATED
Individual sports18:50
Kadyrov congratulates Azerbaijani people on resolution of Garabagh issue
Foreign policy18:41
Turkish official notes expansion of youth cooperation across Turkic world
Region18:29