Azerbaijan`s economy to fall by 2.6% - Pessimistic forecast

Central Bank: Food inflation made up 5.7%

During the last meeting of the Board devoted to monetary policy, it was noted that the annual rate of inflation has slowed

Finance Minister: Economic activity has weakened

As a result of the pandemic, economic activity has weakened

Azerbaijan start-ups a confectionery factory in Lankaran

A confectionery factory is being built in Lankaran

New forecast on Azerbaijan`s economy next year: growth by 1.2%

Iranian minister asked for help from Azerbaijan to solve some problems

Expert sounds alarm – Azerbaijan`s exports decreased by 19%

Azerbaijan has observed deficit in the foreign trade balance for the first time in the last 4 years

Equipment production decreased by 8.2%

Azerbaijan produced machinery and equipment, other transportation vehicles, cars, trailers and semi-trailers for AZN 127.7 million over the first 5 months of 2020

Nakhchivan`s GDP grew by 1.5%

Over Jan-May 2020 the Nakhchivan Autonomous Republic produced GDP for AZN 1.007 bn

Industrial production in Azerbaijan has grown slightly

How is external debt managed? - Explanation

Over 100 countries to receive urgent IMF financial aid

Public debt is projected to rise up to 13 percentage points this year, and global GDP is expected to grow from 83% up to 96%

There are already bankrupt-declared states - a new debt period begins in world

Azerbaijan`s ratio of external public debt to GDP is about 17% and this figure shows that we are in Top 10 in the world on this indicator

Vusal Gasimli: Azerbaijan has wide opportunities for raising foreign loans

GDP declined by 1.7% for Jan-May 2020

Azerbaijan has published data on GDP for the first 5 months of 2020

Data on Azerbaijan`s State Budget revenues unveiled

Turkey`s economy to shrink almost by 4%

The world Bank predicted that this year the economy of some countries will shrink against the background of the coronavirus pandemic

EU`s GDP decreased by 3.2% for Q1 of 2020

GDP in the 19-member Eurozone declined in the first quarter of 2020

Debt owed by Baku Steel Company published

WB forecast: Azerbaijan`s GDP to fall by 2.6% in 2020

Azerbaijan`s GDP is expected to decline by 2.6% this year amid the coronavirus pandemic

A new manager appointed to this structure

New deputy director of the Center for Consumer Goods Expertise of the Ministry of Economy has been appointed