IMF`s official rep: Most countries in this region not prepared for pandemic

As a result of the impact of the coronavirus pandemic (Covid-19), we have seen serious volatility in oil and gas prices

Lending to Azerbaijan`s economy has grown

Azerbaijan has published the data on the lending to the domestic economy for the past 9 months of 2020

Nakhchivan`s GDP increased

GDP in the Nakhchivan Autonomous Republic amounted to AZN 2.1 bn for Jan-Sept 2020 (0.7% more versus Jan-Sept 2019).

Vusal Gasimli: Cost of gold reserves in Karabakh is $8 bn

Vusal Gasimli, the executive director of the Center for Analysis of Economic Reforms & Communications, has conducted today a news conference to clarify some issues.

Azerbaijan has stable macroeconomic and financial stability - Response to Armenian provocation

S&P downgrades Azerbaijan`s rating from ‘Stable’ to ‘Negative’

International rating agency S&P Global Ratings has confirmed the long-term Issuer Default Ratings (IDRs) of Azerbaijan in foreign and local currencies at the level of BB+/B

Funds allocated for fixed assets are directed to these spheres

53.2% of the total funds allocated to fixed assets were spent on industry and 20.2% on the construction over Jan-Sept 2020

Forecast: A big disaster awaits Armenia`s economy

The Armenian economy recorded a decline of 6.4% over Jan-Aug 2020

Growth on metallurgical industry output reported for Jan-Sept

Azerbaijan has unveiled the data on the production in the metallurgical industry and manufacture of finished metal products for the past 9 months

Jan-Sept budget deficit amounted to AZN 677.6 million

The Ministry of Finance of Azerbaijan has distributed operational information on State Budget expenditures for Jan-Sept

38.5% of budget expenditures were socially oriented

State Budget expenditures for Jan-Sept 2020 exceeded the forecast

Azerbaijan State Budget revenues published – 9-month report

Azerbaijan State Budget revenues amounted to AZN 17.96 bn for Jan-Sept 2020.

Azerbaijan Central Bank`s chair: We have enough resources

Elman Rustamov: We are superior to Armenians in all spheres of economy

Sugar exports fell more than by 45%

Azerbaijan exported polyethylene and polypropylene for $112 million for past 9 months

Azerbaijan produced more vodka and less wine

Azerbaijan unveiled data on the domestic production of vodka for the past 9 months of 2020.

Azerbaijan reports a deficit formed in State Budget execution

The State Budget revenues amounted to AZN 17.964 bn, ABC.AZ was informed at the Finance Ministry of Azerbaijan

Azerbaijan`s GDP has declined

Azerbaijan has unveiled data on GDP for Jan-Sept 2020

WB forecast: Consumer market in Azerbaijan to reduce

The World Bank has published a forecast on the consumer market in Azerbaijan

Azerbaijan reports on products with grown and fallen prices for Jan-Sept

Over the past 9 months the production of pharmaceutical products in the manufacturing sector decreased 8.2-fold