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10 July 2008

Empirical Study: Are Oil Revenues Used Effectively in Azerbaijan?


Center for Economic and Social Development, Baku, Azerbaijan
Anar Babayev
+994 12 4 954248
http://www.cesd.az

About 81 percent of respondents interviewed pointed to ineffective use of oil revenues and lack of transparency concerning revenues


The Center for Economic and Social Development (CESD), Azerbaijan, conducted the survey among government bodies, oil companies, and the wider population within the framework of Monitoring of State Oil Fund of Azerbaijan Republic Project with funding from Partnership for Transparency (PTF), USA. The aim of the survey at determining on level of public awareness on usage of oil revenues and becoming familiar with attitude of both government bodies and companies.