Loan applications for AZN 1 bn received for 15 months

Over the past 15 months entrepreneurs in the country have been given loans in the total amount of AZN 1.1 bn, within the framework of electronic platforms the volume of lending has reached AZN 123 million

ADB published a forecast on Azerbaijan - inflation to be 3%

The Asian Development Bank has published inflation expectations in Azerbaijan

Azeraluminium has published a report – Earnings have decreased

Azeraluminium LLC has published financial indicators for 2020

Tax Service exceeded target on tax transfers to State Budget by 23.7%

Over Jan-Aug 2021 the State Tax Service under the Ministry of Economy transferred taxes for AZN 5.833 bn to the State Budget, and thereby the forecast was fulfilled by 123.7%.

Fitch Ratings has published forecast on Turkish economy

International rating agency Fitch Ratings has raised its forecast on the growth rate of the Turkish economy in 2021

Azerbaijan foreign trade turnover for 1st half of 2021 totaled $13.2 bn

Total volume of services in economic ties with foreign countries named

Capital outflow from Azerbaijan grew more than by 38%

Economy Ministry has registered a new audit company

The State Tax Service under the Ministry of Economy has registered Providing Audit LLC

Azerbaijani PM has signed a decision

The Cabinet Ministers has made a decision to approve the Procedure for the use of funds received from the performance of works and the provision of services by subordinate structures that are not part of the structure of governmental bodies

Azerbaijan’s economic growth made up 3.6% for past 8 months

Over Jan-Aug 2021 the growth of the Azerbaijani economy reached 3.6%, including more than 5.5% in the non-oil sector.

Azerbaijan’s budget to direct AZN 1.315 bn to pay state debt in 2021

In 2022-24, Azerbaijan will allocate AZN 7.214 bn for the payment of the state debt

Azerbaijan’s consolidated budget revenues to be as follows - amounts by year

The revenues of the consolidated budget of Azerbaijan in 2023 will amount to AZN 28.175 bn, in 2024 – AZN 28.96 bn, and in 2025 – AZN 29.606 bn

Spending on education to increase in 2022

Finances in the amount of AZN 3.74 bn are projected for the implementation of 17 programs covering 111 activities in the education sector

Forecast: 12.37% of next year's budget expenditures to be directed to some spheres

Next year 12.37% of the State Budget expenditures will be directed for social protection and social security

Whether tax and customs benefits expected

Tax collection plan to increase from next year

The forecast order for the State Tax Service in the State Budget for 2022 has been increased by AZN 1.89 bn.

Authorized capital of Zeyem Technology Park declared

18 million ordinary registered undocumented shares of Park of Technologies Zeyem KSC with par value of 1 manat each have been registered

IMF optimistic forecast says about growth of Azerbaijani economy

According to the forecasts of the International Monetary Fund (IMF), the real GDP in Azerbaijan will reach the pre-pandemic level in 2023

Forecast: Non-oil export to exceed $2 bn

It is predicted that by the end of 2021 Azerbaijan’s non-oil export will exceed $2 billion

Turkish economy growth exceeds 20%

In the 2nd quarter of the year the Turkish economy is experiencing growth