Azerbaijan’s finance ministry presented a medium term 2026-2029 framework, which includes assumptions of oil prices at USD 65/bbl for the whole period, and the currency peg to the USD staying at 1.70. Annual economic growth is expected at 3.9%, with the non-oil sector rising 5.1% a year. The budget deficit is projected to decline from 2.2% in 2026 to 1.3% in 2029, though debt to GDP is expected to rise from 30.5% to 32.7%. Meanwhile, the central bank has stopped publishing the results of its foreign exchange auctions, citing market and rate stability, though purportedly reducing transparency.