President appeals to entrepreneurs: Run your business in accord with law

A conference chaired by President Ilham Aliyev and devoted to the results of the first year of the State Program of Socio-Economic Development of the Regions of Azerbaijan for 2019-23 was held on 3 February.

Economy Minister: Small hotels to be created in Azerbaijan

Small hotels are to be created in Azerbaijan

Economy Minister: Banking sector share in financing entrepreneurship still at low level

Despite the effectiveness of the mechanism of support for entrepreneurs, the state should not undertake crediting fully for itself.

President Ilham Aliyev: We should make sure that in 2020 manipulations and payments out cash register remain in the past

It is necessary to have an open conversation with entrepreneurs, and the entrepreneur must tell about the essence of the problem and how to solve it.

Ganja mayor: About 1,000 Ganja residents to be provided with jobs

Investments in the economy of Ganja amounted to AZN 266 million for the past year

Expert: Azerbaijan`s low public debt is a positive fact

Expert economist Rovshan Agayev expressed his attitude towards the renewal of the rating of Azerbaijan as a country and SOCAR as a leading state company of Azerbaijan by international credit agency Fitch

Trump’s world order, problems of Hegemon and Gold forecast for 2020.

Following the relatively calm presidency of Barack Obama, the world is currently undergoing a new paradigm shift in which everything is to be made over and made “greater,” at least for the US.

Rovshan Agayev: 94% of Azerbaijan`s public debt is foreign currency

Expert economist Rovshan Agayev has sounded his opinion in connection with the renewal of the rating of Azerbaijan as a country and SOCAR as a company, which may be useful

Azertexnolayn to build a plant for production of polyethylene pipes in Uzbekistan

Azerbaijan-based Azertexnolayn LLC plans to build a plant for the production of polyethylene pipes in Uzbekistan

Vusal Gasimli: Azerbaijan sees acceleration despite decline in economic growth in world

Azerbaijan is conducting broad economic reforms for achievement of inclusive and sustainable economic development

Statistics Committee: Textile industry observes fall in production

The State Statistics Committee has published a report on a range of directions

Number of Sumgait Industrial Park residents has reached 21

A new resident, Azmonbat LLC, has been registered in the Sumgait Chemical Industrial Park

Baku Mayor Eldar Azizov gave instructions to its employees on spending of funds

The Baku City Executive Power held an enlarged meeting with participation of chiefs of staff and economic services within the executive power

Production in this sector grew by about 15%

Production in the non-oil sector grew by 14.3%

GDP has also grown and exceeded AZN 81 bn

Enterprises, organizations and individual entrepreneurs operating in Azerbaijan produced GDP for AZN 81.7 bn

Over AZN 17 bn directed for fixed assets last year

More than 17.18 bn was directed for the fixed capital from all financial sources for the development of the economy and social sphere of Azerbaijan in 2019

List on another sector with growing production

The non-oil sector observes great growth

Economy Minister told about decrease in shadow economy

The shadow economy observes a decline as a result of tax reforms

Expert: Only 10% of Azerbaijan`s export accounts for non-oil sector

Expert economist Rovshan Agayev has commented on foreign trade statistics for 2019

Now Azerbaijan ranks 61st on economic indicators

Azerbaijan ranks the 61st position on economic indicators in the rating of US News and World Report

Economy Minister covered theme of poverty in Azerbaijan at a Baku seminar

Economy Minister Mikail Jabbarov announced the level of poverty in Azerbaijan