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World Economy

World Cup 2026: Record tourism and economic gains expected

The FIFA World Cup 2026 is projected to generate more than $80 billion in global economic output, providing a major boost to sectors such as tourism, retail, transport, and services.

13 Apr 2026-15:44
Is Azerbaijan ready for a global food crisis?

Carl Skau, Deputy Executive Director of the UN World Food Programme (WFP), stated on Tuesday that if the conflict in the Middle East continues until summer, the number of hungry people worldwide could rise by 45 million. Analysts believe that Africa and Asia will suffer the most, with hunger reaching record levels. “This is a terrible prospect,” Skau emphasized.

21 Mar 2026-10:30
World Bank predicts Azerbaijan's GDP growth in 2026

The World Bank (WB) projects Azerbaijan’s GDP growth at 1.8% in 2026 and 1.7% in 2027, according to the January edition of the WB’s Global Economic Prospects update. These forecasts remain unchanged from October’s estimates.

14 Jan 2026-11:57
World Bank raises China 2025 growth forecast

The World Bank on Thursday released its latest China Economic Update in Beijing, raising its 2025 economic growth forecast for the world’s second-largest economy by 0.4 percentage points.

11 Dec 2025-11:48
Azamat Seitov: Uzbekistan reveals hidden logic behind involving Azerbaijan in the Central Asian space - INTERVIEW

28 Nov 2025-09:18
Chinese premier urges G20 to uphold free trade, build open world economy

22 Nov 2025-21:23
IMF chief: World economy better than expected, but risks remain

The head of the International Monetary Fund said on Wednesday that the global economy is performing better than expected, despite ongoing trade policy uncertainty.

08 Oct 2025-19:58
World Bank warns of slowest global growth since 1960s

The World Bank has predicted that the global economy is on track to experience its slowest decade of growth since the 1960s, partly due to the impact of tariffs introduced during Donald Trump's presidency.

10 Jun 2025-23:21
World stocks inch higher, Japanese super-long bond prices tumble

20 May 2025-13:29
World Bank backs Azerbaijan’s economic overhaul—What’s at stake?

On January 29, the World Bank Group (WBG) Board of Directors reviewed a new Country Partnership Framework (CPF) for Azerbaijan, setting out its strategic engagement for the next five years. The initiative aims to bolster Azerbaijan’s transition toward a more competitive, sustainable, and inclusive economy, addressing key structural challenges and unlocking new growth opportunities.

04 Feb 2025-15:59

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