Output for AZN 171 million produced in Ganja for Q1

Azerbaijan produced 1,259 automobiles for past 4 months

Azerbaijan manufactured 1,259 automobiles for Jan-Apr 2023 (77.3% more versus Jan-Apr 2022), ABC.AZ reports with reference to the State Statistics Committee.

Azerbaijan imported over 27,000 tons of rice for past 4 months

Günay Bank chairman of board: This decision was made by the state

Baratali Piriyev, the chairman of board of Günay Bank, whose license was canceled yesterday by CBA’s decision, has commented on the closure of the bank.

Shortcomings revealed at Nakhchivan International Airport

A number of shortcomings were revealed during inspections at Nakhchivan International Airport and Aeroport Taksi LLC subordinate to it from February 15 to March 18, 2023.

Profit of British company engaged in gold mining in Azerbaijan declined

British company Anglo-Asian Mining Plc., engaged in the extraction of gold, silver and copper in Azerbaijan, has published a financial report for 2022.

Thomas Barkin: Interest rates to be increased if inflation persists

If inflation persists or increases, interest rates will be increased.

EBRD: Azerbaijan has achieved serious economic growth for past 2 years

The strong economic growth in Azerbaijan over the past two years has been associated with the recovery of the economy after Covid-19 and high revenues from hydrocarbons

EBRD lowers forecast of economic growth in Türkiye

Belarusian elevators to be assembled in Azerbaijan - Documents signed

EBRD: Inflation in Azerbaijan has gradually slowed down

In March 2023, inflation in Azerbaijan slowed down, but remained high and made up 13.8% per annum.

Dossier of newly-appointed director of National Depository Center

Agagusein Khudaverdiyev has been appointed the director of the National Depository Center of Azerbaijan.

New chairman of board appointed at National Depository Center

The appointment took place at the National Depository Center of Azerbaijan.

Industrial parks of Azerbaijan get in TOP-10 of EAEU and neighbouring countries

Azerbaijan's 3 industrial parks among TOP-10 in EAEU and neighbouring countries

Economic growth in Georgia exceeds 7% - Report

The economic growth in Georgia made up 7.2% in the first quarter of 2023, ABC.AZ informs with reference to the National Statistics Service of Georgia.

New deputy head of Nakhchivan State Tax Service appointed

A new deputy head of the State Tax Service of the Nakhchivan Autonomous Republic has been appointed.

Rate of active taxpayers increased by 3%

As of May 1, 2023, the number of active taxpayers in Azerbaijan reached 732,200.

Tax revenues in Nakhchivan increased by 41.7% for Jan-Apr

In April 2023, the budget received AZN 5.6 million from the State Tax Service of Nakhchivan Autonomous Republic

Production at enterprises decreased

Industrial enterprises and individual entrepreneurs operating in this area produced industrial output for AZN 24.3 bn for Jan-Apr 2023, or 2.4% less versus Jan-Apr 2022.

Tax revenues from oil & gas sector grew more than by 16%

Eldar Azizov: There is no concrete decision yet on construction of a bridge from Bayilov to Akhmedli