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  • Economy
  • item

    Rate of active taxpayers in Azerbaijan has increased

    As of 1 February 2023, the number of active taxpayers in Azerbaijan increased by 0.3% compared with the beginning of the year and reached 713,800.

    15 February - 12:49

  • item

    Production in oil and gas sector reduced by 4.9%

    14 February - 17:50

  • item

    Forecast: Sweden's economy to shrink by end of 2023

    Sweden is the only country in the European Union, whose economy will shrink by 2024, ABC.AZ reports, referring to European Commission’s analysts

    14 February - 15:56

  • item

    This year began in Azerbaijan with contraction of economy

    Azerbaijan produced GDP of AZN 9.69 bn in January 2023, or 1.5% less versus January 2022.

    13 February - 17:34

  • item

    Fitch has made a forecast on Armenia

    13 February - 12:50

  • item

    98.3% of preferential loans given to SMEs in 2022

    A significant part of the preferential loans given by the Entrepreneurship Development Fund under the Ministry of Economy in 2022 were given to micro, small and medium-sized enterprises

    13 February - 12:48

  • item

    Up to 38,000 new jobs to be created in Azerbaijan

    Throughout 2016-2022, more than 570 investment promotion documents were issued to over 470 entrepreneurs.

    10 February - 17:08

  • item

    Ensuring development of liberated lands to require significant capital investments

    State support for small and medium-sized businesses (SMEs) in Azerbaijan should not be limited to concessional loans.

    10 February - 16:57

  • item

    Minister: Last year, 50% of State Budget revenues came from non-oil sector

    Tax collection is the success of an entrepreneur's business.

    10 February - 15:53

  • item

    Branches of banks and companies to open in Nakhchivan

    10 February - 12:44

  • item

    New chairman of Nakhchivan State Service appointed

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

    7 February - 17:41

  • item

    Business environment to be improved in Nakhchivan

    Improvement of the business environment and measures to support entrepreneurs have been discussed in the Nakhchivan Autonomous Republic.

    7 February - 15:14

  • item

    Azerbaijan to lose AZN 10 million for these benefits

    Tax benefits applied to media entities will cost AZN 10 million for the State Budget.

    6 February - 16:04

  • item

    Gold production exceeded the plan in 2022

    6 February - 15:28

  • item

    AzerGold sold 63,300 ounces of gold in 2022

    6 February - 15:27

  • item

    Record foreign trade deficit in Turkish economy

    2 February - 18:02

  • item

    Ali Asadov signs order on preparation of draft state budget for 2024

    Azerbaijani Prime Minister Ali Asadov signed an order on the preparation of the Draft State Budget for 2024, the concept of economic & social development of the country and medium-term forecasts.

    2 February - 17:18

  • item

    4 enterprises to start operating in Sumgait Chemical Industrial Park

    In 2023, four enterprises are planning to start production activities in the Sumgait Chemical Industrial Park.

    2 February - 14:30

  • item

    Start date of first enterprise in Araz Valley economic zone announced

    It was announced that the first enterprise in industrial park “Araz Valley Economic Zone" will begin work at the end of 2023.

    1 February - 17:16

  • item

    Financial sanctions for AZN 2.7 million applied to taxpayers

    In 2022, 317 control measures were carried out for 170 taxpayers operating in various fields of activity, including import, wholesale and retail trade, production, catering, according to the results of which 413 violations were revealed.

    1 February - 10:52

  • item

    68 new state standards adopted last year

    31 January - 17:50

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