Law on State Debt amended

The Law on State Debt is undergoing amendments in Azerbaijan.

More than 10,000 commercial organizations passed state registration for Jan-Nov

For the past 11 months of this year 10,769 commercial organizations passed state registration in Azerbaijan

Number of taxpayers has increased almost by 10%

Two new large enterprises to start working next year - more than 200 jobs to be created

Azermash has created a new subsidiary

A new subsidiary of Azermash OJSC has been created – the Khazar automobile manufacturing enterprise - in the Neftchala Industrial Quarter

New company Hakari Agropark created

Hakari Aqropark LLC has been established in Azerbaijan.

Another agropark created with authorized capital of AZN 50,000

The State Tax Service has registered Sugovushan Agropark LLC.

Plan of Economic Zone of Araz Valley developed

More than half of the territory of industrial park "Araz Valley Economic Zone”, where the creation of a social zone will begin, has been cleared of mines

Economy Minister's forecast: More than 1,100 new jobs to open in Agdam

New forecast on eurozone economy: recession is expected

S&P Global Ratings has updated the forecast on the growth of the eurozone economy for 2022 by 4.4%, reducing it by 0.1 percentage points amid new waves of the COVID-19 pandemic

Pension increase on basis of indexation is expected

Labor Minister: Salaries of most employees on employment contract to be increased

Benefits to be provided to companies supporting public and social funds

Azerbaijan increased electricity exports to these countries

Stations that generated electricity most of all for Jan-Oct

Azerbaijan increased generation of electricity – Imports reduced

Economy Minister: Great interest shown in industrial parks ‘Agdam’ and ‘Economic zone of Araz Valley’

Economy Minister: Electricity supply organized in Agdam Industrial Park

Smartcard gas meters to be available online from next year

Forecast: Georgia expected to have highest budget deficit

Wealth of the richest people in Switzerland exceeded $820 bn