MPs pass a bill in 2nd reading on Azerbaijan’s Social Protection Fund revenues for 2021

At today`s Milli Majlis plenary the parliamentarians discussed the Bill on the Budget of the State Social Protection Fund for 2021 in the 2nd reading

Vaccines and their syringes to be exempt from VAT

Vaccines imported in Azerbaijan in connection with the coronavirus pandemic are exempt from tax

Changes made to Tax Code

A proposal to amend the Tax Code has been made in Azerbaijan

State Budget expenditures for next year

Today, Mili Majlis has conducted a plenary session.

Draft State Budget of Azerbaijan for 2021 adopted

State Budget revenues for 2021 will amount to AZN 25.427 bn.

Transfer of AZN 880 million is planned from public debt management fund

Vugar Gulmammadov: Budget revenue for 2021 to be by 5.4% more than this year

Forecast on gold ore mining in Azerbaijan

Elman Rustamov: We`ll create serious risks if we compact the budget

We orient to the opening of the domestic market on safe conditions for our citizens, small investors, including foreign ones

Azerbaijan`s economic activity to increase next year

The State will provide additional financing to the economy to the extent possible in 2021.

Economy Minister: Economy shows stability, despite decline

The economic stability is keeping in Azerbaijan under conditions of the global crisis caused by the coronavirus pandemic

Samir Sharifov: Azerbaijan`s economy to shrink by end of 2020

By the end of the year, the Azerbaijani economy will shrink to 4%.

Surplus to increase due to current operations over 8-fold in 2021

Azerbaijan`s current operating account surplus is expected to reach $104.8 million in 2021, or 0.2% of the projected GDP

Forecast on average annual inflation for next 2 years

The inflation is projected at the level of 3% in Azerbaijan in 2021

Forecast on inflation rate for next year

Azerbaijan unveils causes of delay in submission of budget package 2021

The causes of the delay in the submission of the budget package for 2021 to Milli Majlis have become known

IMF forecast: Economic downturn in Armenia to accelerate

The International Monetary Fund gave a pessimistic forecast for Armenia, stating about decrease of its GDP by 7.3%

Azerbaijan gets in Top 10 of reformer countries

Production of gold declined and silver increased for past 11 months

Azerbaijan produced 3,303 kg of gold and 4,005.4 kg of silver for the past 11 months

AzerGold made profit of AZN 35 million

As a result of AzerGold`s activity, more than AZN 527 million were raised to the country`s economy

Nakhchivan`s economy has grown - Report

GDP of the Nakhchivan Autonomous Republic for Jan-Nov of this year amounted to AZN 2.556 bn