New subrtesian wells under drilling in Terter and Barda districts

The drilling of new subartesian wells has been launched in the villages of Terter and Barda districts of Azerbaijan, ABC.AZ was informed at national water operator Azersu.

Terter district reports growth of potato production by 112.9 centners

Goychay district reports a rise in meat production by 95 tons for Jan-Aug

Azerbaijan withdrew investments in a large amount from Georgia

Worlds giant country on verge of an economic crisis – A record drop

Forecast of global car industry has changed to stable - Deliveries to increase

International rating agency Moodys has changed the forecast for the global automobile industry from ‘Negative’ to ‘Stable’ against the background of the expected recovery in car sales.

AzerGold to issue bonds first time

Some roads in Baku to be closed for 11 days

Forecast: A serious economic crisis awaits the world

A number of experts predict a new economic crisis in the world in the near future, ABC.AZ reports with reference to Bloomberg

Over 2.6% of funds directed for fixed assets in 2020

Over Jan-Jul 2020 AZN 7.59 bn was allocated for fixed assets or 2.6% more in Azerbaijan against the relevant term of 2019

Georgia`s debt to Azerbaijan declared

The amount of Georgia`s debt to Azerbaijan is $6.107 million.

Mikayil Jabbarov made new personnel appointments at Economy Ministry

Allahverdi Pashayev has been appointed deputy chief of staff at the Ministry of Economy in compliance with a relevant order of Economy Minister Mikayil Jabbarov

Azerbaijan`s GDP has decreased for past half of 2020

Over Jan-Jul 2020 Azerbaijan’s nominal GDP reached AZN 40.008 million or 2.8% less versus the same term of 2019

Azerbaijan’s annual inflation made up 2.9%

Products whose manufacture declined for Jan-Jun

GDP decline recorded – Economy minister explained on damage caused to Azerbaijani economy

A meeting, held these days at the Ministry of Economy of Azerbaijan, was attended by more than 280 entrepreneurs whose activities were affected by the pandemic

President`s order to put into operation another ore field

Azerbaijani President Ilham Aliyev signed on Thursday an order on the measures to put the Dashkesan iron ore field into operation

MP: Citizens can`t get their savings

MP Vahid Akhmedov expressed his attitude towards a number of matters at a meeting of Milli Majlis

MP: All enterprises operate in neighboring countries

Finance Minister: President sets new tasks to government

President Ilham Aliyev has set new tasks to the government at a meeting of the Cabinet Ministers

MP: Fall in oil revenues threatens to undermine balance of budget revenues

The matter of amendments to the Law on the State Budget of Azerbaijan for 2020 has been discussed at the session of the Parliament