Economic Impact of COVID-19 on Azerbaijan and its Policy Response
Table of Contents
- 1. Impact of COVID-19 on Azerbaijan Economy in 2020
- 2. Coronavirus (COVID-19) Containment Measures of Azerbaijan
- 3. Coronavirus (COVID-19) Related Fiscal Policy Measures by Azerbaijan
- 4. Coronavirus (COVID-19) Related Monetary Policy Measures by Azerbaijan
- 5. Coronavirus (COVID-19) Related Employment Policy Measures by Azerbaijan
- 6. Coronavirus (COVID-19) Related Social Policy Measures by Azerbaijan
Azerbaijan’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The real gross domestic product (GDP) of Azerbaijan is expected to shrink, unemployment level to increase and current account balance to show negative growth due to COVID-19 this year. As of 15th June 2020, Azerbaijan had 9957 confirmed COVID-19 cases out of which 5583 people have recovered from the disease while 119 have lost their lives.
In this blog post we will be focusing on economic impact of COVID-19 pandemic on Azerbaijan. We will also be taking a look at the social, fiscal, monetary and employment related policy measured taken by Azerbaijan government under following sections –
Impact of COVID-19 on Azerbaijan Economy in 2020
Coronavirus (COVID-19) Containment Measures of Azerbaijan
COVID-19 Related Fiscal Policy Measures by Azerbaijan
COVID-19 Related Monetary Policy Measures by Azerbaijan
COVID-19 Related Employment Policy Measures by Azerbaijan
COVID-19 Related Social Policy Measures by Azerbaijan