Mikail Jabbarov: 2021-22 to be period of economic recovery in Azerbaijan

Economy Minister: Number of taxpayers in Azerbaijan increased by 5%

Economy Minister Mikail Jabbarov made important statements at the Baku event “Financing Sustainable Development: Sustainable & Green Recovery after the COVID-19 pandemic”.

WB has improved forecast on economic growth in Azerbaijan

Supervisory Board of Center for Analysis & Coordination of IV Industrial Revolution expanded

Ilham Aliyev laid foundation of Araz Valley Economic Zone Industrial Park

On 4 October, President Ilham Aliyev laid the foundation of the Araz Valley Economic Zone Industrial Park to be created in the East Zangezur Economic District.

Inflation rate in Turkey has exceeded 19%

Turkey has published the data on the inflation rate.

Industrial park Araz Valley Economic Zone under creation

President Ilham Aliyev has signed a decree “On the creation of industrial park Araz Valley Economic Zone".

Chinese company buys a stake in a large lithium deposit in Congo

Production in Nakhchivan observes a slight increase

Iron ore rapidly becomes more expensive

The price per ton of iron ore has exceeded $120.

Production and sale of gold by Anglo Asian Mining plc reduced

Mikayil Jabbarov: Subsidized loans for AZN 48.4 million given for past 8 months of 2021

A proposal made to transfer part of tax penalties to YAŞAT Fund

A survey conducted on restoration of Karabakh and Eastern Zangezur region

Following a survey conducted by the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) among 110 foreign companies, 17% of the companies expressed interest in the restoration of Karabakh and Eastern Zangezur region, in participating in the restoration of the destroyed infrastructure.

Minister: Another industrial zone to be opened in Azerbaijan

Loan applications for AZN 1 bn received for 15 months

Over the past 15 months entrepreneurs in the country have been given loans in the total amount of AZN 1.1 bn, within the framework of electronic platforms the volume of lending has reached AZN 123 million

ADB published a forecast on Azerbaijan - inflation to be 3%

The Asian Development Bank has published inflation expectations in Azerbaijan

Azeraluminium has published a report – Earnings have decreased

Azeraluminium LLC has published financial indicators for 2020

Tax Service exceeded target on tax transfers to State Budget by 23.7%

Over Jan-Aug 2021 the State Tax Service under the Ministry of Economy transferred taxes for AZN 5.833 bn to the State Budget, and thereby the forecast was fulfilled by 123.7%.

Fitch Ratings has published forecast on Turkish economy

International rating agency Fitch Ratings has raised its forecast on the growth rate of the Turkish economy in 2021

Azerbaijan foreign trade turnover for 1st half of 2021 totaled $13.2 bn