A new state standard on supply of food facilities adopted

Azerbaijan retains its position as key importer of Stavropol wheat

AZN 18.7 million improperly used in Nakhchivan on 5 objects of external state financial control

The Accounts Chamber conducted inspections in Nakhchivan and revealed some shortcomings.

A water storage reservoir to be constructed in Gabala

Audit conducted in AZAL - State Budget received AZN 7.1 million

AZAL received compensation in the amount of AZN 6.6 million for benefits for persons flying via routes Baku-Nakhchivan and Nakhchivan-Baku

Belgium received income from frozen assets of Russian Federation

The Belgian government announced that the kingdom received additional €625 million in 2022 as a result of taxation of income from frozen assets of the Russian Federation for €250 bn, in particular, placed on the Belgium-registered Euroclear site,

Nakhchivan's tax revenues increased

Balance of payments deficit in Turkish economy announced in February

The foreign trade deficit established by the balance of payments in the Turkish economy in February amounted to $10.4 bn

Deficit of Turkish economy increased sharply in February

The current deficit in the Turkish economy in February exceeded expectations and reached $8.78 bn.

Azerbaijan sees a rise of income from unemployment insurance

The revenues on unemployment insurance premiums in Azerbaijan amounted to AZN 41.5 million for Jan-Mar 2023.

Azerbaijan observes a rise of active taxpayers

One-room apartments in Baku cost 85,000 manats - Price increase

The real estate market has grown by 5% against the beginning of the year. The problem in the market is that the supply is small compared with previous years. In this regard, prices are rising.

Vugar Bayramov: Manat loses value against euro

Nestle acquired 49.95% of Yfood shares

Composition of Tariff Council expanded

Amendments have been made to the Regulation of the Tariff (Price) Council.

Another 3 subjects receive status of residents in Sumgait Industrial Park

In Sumgait Chemical Industrial Park, the resident status was assigned to 3 business entities, thus, the number of residents of the industrial park reached 35.

Tax revenues in Azerbaijan increased by 75%

State Budget tax revenues for Jan-Mar 2023 from the State Tax Service (under the Ministry of Economy) increased by 74.8% versus the 2022 same period up to AZN 4.899 bn.

Vugar Bayramov: Togg is also a new source of imports for Azerbaijan

The development of the Turkish industry, as well as the production of the first domestic electric car Togg will open up new opportunities for the Azerbaijani industry

The largest number of complaints relate to Kontakt Home

In the first 3 months of 2023, the largest number of complaints received by the Free Consumers’ Union related to Kontakt Home, ABC.AZ reports, quoting FCU head Eyub Huseynov.

A range of business agreements signed between Azerbaijan and Kazakhstan

A number of agreements between Azerbaijan and Kazakhstan were signed in Baku.

Double taxation between Azerbaijan and Japan abolished

Double taxation will be abolished in respect of income taxes between the Republic of Azerbaijan and Japan.