Day: March 22, 2025
Предварительный отчет подкрепляет версию об обстреле самолета AZAL в России | Eurasianet https://t.co/SaFSKssj9e
— Michael Novakhov (@mikenov) March 22, 2025
Qatar, with its burgeoning economy and deep financial reserves, has long been a crucial partner for Azerbaijan, both politically and economically. Yet, the recent surge in remittances signals something more: a growing financial interdependence between the two countries, fuelled by increasingly robust migration and labor ties. As Azerbaijan’s total remittances from abroad slumped by over a third in 2024, the growth of funds from Qatar provides a sharp contrast, pointing to Qatar’s increasing role as a vital source of income for many Azerbaijani families.
Qatar, with its burgeoning economy and deep financial reserves, has long been a crucial partner for Azerbaijan, both politically and economically. Yet, the recent surge in remittances signals something more: a growing financial interdependence between the two countries, fuelled by increasingly robust migration and labor ties. As Azerbaijan’s total remittances from abroad slumped by over a third in 2024, the growth of funds from Qatar provides a sharp contrast, pointing to Qatar’s increasing role as a vital source of income for many Azerbaijani families.