Azerbaijan-Lithuania Bilateral Cooperation Commission held 5th meeting

The 5th meeting of the Azerbaijani-Lithuanian Intergovernmental Commission on Bilateral Cooperation has been conducted in Vilnius, Lithuania.

ADB president commits $5 billion to support new strategy for Central Asia regional economic cooperation

Asian Development Bank (ADB) President Takehiko Nakao concluded a 3-day visit to Tajikistan today, where he attended the 16th Central Asia Regional Economic Cooperation (CAREC) Ministerial Conference.

Azersu to ensure uninterrupted water supply for 66.3% of Azerbaijan and for 81.1% of Baku

Azerbaijan’s national water operator Azersu has summarized the results of activity for the past 9 months.

Over 13,000 investment projects for AZN 543 million financed in Aran economic zone of Azerbaijan

Azerbaijan continues the process of subsidized lending for business activity.

Iran-Azerbaijan Economic Cooperation Commission to gather for a meeting in December

Azerbaijani Economy Minister Shahin Mustafayev has received Minister of Economy & Finance Masud Karbasiani of Iran.

President Ilham Aliyev allocated AZN 15 million to water operator Azersu for consumer water meters

President Ilham Aliyev of Azerbaijan has signed an order on additional measures aimed at providing consumers with water meters.

Azerbaijan Economy Ministry jointly with UN declare an innovative contest

The Ministry of Economy of Azerbaijan in collaboration with the UN representation in Azerbaijan has announced an innovative contest.

EU allocated AZN 13.5 million to Azerbaijan for economic reform and judicial governance

Azerbaijan and the European Union signed an agreement on financing the Program of Technical Cooperation Mechanism.

Female entrepreneurs in Azerbaijan found their own association

The Women Entrepreneurs’ Association has been established for the first time in Azerbaijan.

Azerbaijan’s Customs Committee to transfer AZN 2.43 bn to State Budget

The State Customs Committee (SCC) of Azerbaijan is quite optimistic on the occasion of the process of implementation of the budget forecasts.

Azerbaijan’s head funds AZN 2.1 million for improvement of water supply of Lankaran city

Azerbaijani President Ilham Aliyev has signed an order on the continuation of the project on improvement of water supply system and sewage system in the city of Lankaran.

EU to assist Azerbaijan Tax Ministry to optimize use of resources

The European Union launches another twining project in Azerbaijan.

Binagadi district of Baku to face water problems today

Azerbaijan’s water operator Azersu announced about the irregular supply of water today.

President Ilham Aliyev takes part in 9th Istanbul Summit of Organization for Economic Cooperation D-8

The 9th Summit of the Organization for Economic Cooperation D-8 has started in Istanbul, Turkey.

Revenues and expenditures of Azerbaijan’s State Budget 2018 unveiled

The Draft State Budget of Azerbaijan for 2018 has been published.

Draft State & Consolidated Budget 2018 submitted to Milli Majlis

The Azerbaijani Parliament is to consider the Draft State and Consolidated Budget of the country for 2018.

Finance Ministry: Azerbaijan’s State Budget for Jan-Sept met with deficit and consolidated budget with surplus

Over Jan-Sept of the year the deficit of the State Budget of Azerbaijan totaled AZN 783.6 million.

Azerbaijan’s State Budget deficit made up 1.5% of GDP

The State Statistics Committee of Azerbaijan published the size of deficit of the State Budget for Jan-Sept.

GDP per capita in Azerbaijan reached AZN 5,149.4

GDP per capita in Azerbaijan reached AZN 5,149.4 Baku, Fineko/abc.az. Over Jan-Sept of the year Azerbaijan produced gross domestic product for AZN 50.067 bn. The State Statistics Committee informs that GDP grew by 0.6% compared to the same period of 2016. "For the reported term production in the nonoil sector grew by 2.5% and in the oil sector reduced by 6.5%. The share of the nonoil sector in country’s GDP made up 62.6%, 40.2% of value added accounted for the industrial sector, 10.4% in trade and repairs of transport, 8.7% in construction, 6.9% in transportation and warehousing, 5.9% in agriculture, 2.5% in tourist accommodation and catering, 1.7% in communication & information, 16.3% on other industries," the Committee said. The SSC reports that the amount of taxes on products and imports amounted to AZN 5,149.4 manats that makes up 7.4% of country’s GDP. GDP per capita made up AZN 5,149.4. Over Jan-Sept of the year Azerbaijan produced gross domestic product for AZN 50.067 bn.

Azerbaijan Confederation of Entrepreneurs and Belarus Chamber of Commerce signed Memorandum on Cooperation

The Azerbaijani-Belarusian Business Forum is taking place in Baku.

Industrial production in Azerbaijan by almost by one third

For the past 9 months Azerbaijan produced industrial products for AZN 28.3 bn.