Azerbaijan
‘A lost year’ — How the global pandemic has hit Azerbaijan’s economy
The global COVID-19 pandemic has hit economies the world over. But Azerbaijani economists warn that the shutdown of vital industries such as tourism and the service sector pale in comparison to what a plunging oil price could do. Rafig (not his real name), 32, has been running a cafe in a construction market in Baku for three years. Due to the quarantine regime introduced in Azerbaijan because of the coronavirus, the cafe has been closed for about two months. Rafig told OC Media he is more
