GDP for AZN 45 bn produced this year

For the past 7 months of the current year Azerbaijan produced AZN 44.47 bn or 2.5% of GDP more against the 2018 same term

Azerbaijan made industrial products for AZN 27.3 bn for Jan-Jul

Economy Minister: Azerbaijani population`s income grows by 6.6%, and inflation reaches 2.5% for past half of 2019

Inflation rose from 2.5% up to 2.7%

Wage fund has increased in private nonoil sector

According to the Ministry of Taxes, the number of the cardholders of private organizations has increased more than by 18% since the beginning of the year

Amount of free funds related to tax benefits to grow up to AZN 300 million

Number of VAT payers of Azerbaijan grew by 40%

The share of the cash mass in turnover in manats in terms of the transparency of the economy and turnover at the beginning of 2018 made up 60.1% and fell to 52.9% by the end of this June

Registration on e-invoices grew by 7%

The registration on e-invoices increased by 7% up to 61.3% in the total turnover of the nonoil sector for the first 6 months of 2019

This year`s revenues from social insurance contributions exceed AZN 1 bn

Highest growth rate of tax revenues recorded in communications sector of Azerbaijan

The Ministry of Taxes has reported that growth of tax revenues was observed in all spheres of activity of the nonoil sector for the first 6 months of the current year

Growth of VAT, excises, property and profit taxes registered in tax revenues

Azerbaijan`s tax revenues in nonoil sector exceed AZN 2 bn this year

Tax revenues on the oil & gas sector totaled AZN 2.545 bn for Jan-Jun 2019

Tax Ministry has met tax forecast by 108.8%

AzerGold achieves a record in extraction of gold and silver

In July AzerGold produced a record amount of gold for this year

Economy Minister: Up to AZN 50 million of subsidized loans given to entrepreneurs for 1st half of 2019

Economy Minister: 45 residents start operating in industrial parks and towns of Azerbaijan

Azerbaijani Tax Minister: This year number of on-site tax audits fell 2.7-fold

This year the number of on-site tax audits decreased by 2.7 times (versus 2018) and by 6 times (against 2017)

Tax Minister: Nonoil sector share in tax revenues reaches 70.1%

The share of nonoil sector in tax revenues reached 70.1% in 2019 and this is a significant increase versus 65.8% in 2018

Tax Minister Mikayil Jabbarov: Consolidated budget received AZN 4.95 bn from Taxes Ministry

The Azerbaijani Cabinet Ministers conducted yesterday a meeting on socio-economic sector, chaired by President Ilham Aliyev

President Ilham Aliyev: Over $6 bn invested in Azerbaijani economy for 1st half of 2019

The trade turnover of Azerbaijan showed sufficient growth of over 20%

President Ilham Aliyev: Nonoil industry growth by 15.7% for first 6 months very encourages

The Cabinet Ministers held yesterday a meeting on socio-economic sector, chaired by President Ilham Aliyev