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  • Economy
  • item

    GDP growth exceeds 2% first time in 5 years

    This year GDP growth in Azerbaijan exceeded 2% for the first time in the last 5 years

    26 December - 16:25

  • item

    Assets and deposits in banking sector have grown - Vusal Gasimli

    For the past 11 months of the current year the State Budget surplus totaled AZN 957 million and the trade balance reached positive balance of $6 bn.

    26 December - 15:20

  • item

    Current inflation rate in Azerbaijan is optimal

    The inflation in Azerbaijan is forecasted at the level of 4.8% in 2020

    26 December - 15:03

  • item

    Economic growth in Azerbaijan to be 3% next year

    Azerbaijan`s GDP growth in 2019 exceeded 2% for the first time in the last 5 years

    26 December - 13:11

  • item

    Industrial production in Baku unveiled – AZN 36 bn

    Over Jan-Nov of the year the goods and services produced by industrial enterprises and individual entrepreneurs amounted to AZN 36 bn

    24 December - 13:09

  • item

    Finance Minister spoke about Azerbaijan’s external state debt - We take a range of measures

    The Ministry of Finance is taking a number of measures in accord with the strategy of long-term management of the external public debt of Azerbaijan

    24 December - 13:06

  • item

    Manufacture of some products has grown

    For Jan-Nov 2019 Azerbaijan observed an increase on fabrication of tobacco products by 55.7%, beverages by 40%, and foods by 10.4% compared with the 2018 same term

    19 December - 16:59

  • item

    Property tax grew by 12%

    Excise tax revenues increased by 20%

    18 December - 17:39

  • item

    GDP increased for past 11 months

    Over the past 11 months of 2019 Azerbaijan produced about AZN 73 bn of GDP

    18 December - 16:21

  • item

    State Budget revenues published with surplus of AZN 957 million

    The surplus of the State Budget of Azerbaijan for Jan-Nov 2019 amounted to AZN 956.9 million

    18 December - 16:20

  • item

    Over Jan-Nov 2019 population`s income rose more than by 7%

    18 December - 15:55

  • item

    By this indicator, our country is in best row in world - STATEMENT

    If in 2017 the total volume of external debt servicing made up 11% of the State Budget, by 2025 this threshold will be reduced to 6.2%

    18 December - 11:55

  • item

    Declining volumes of SOFAZ transfers to Azerbaijan’s budget are compensated by non-oil sector - Vusal Gasimli

    The consolidated and state budgets for 2020 and the next three years are developed in accord with the new budget rules

    17 December - 18:09

  • item

    Plant reduces authorized capital to AZN 633,980

    17 December - 17:38

  • item

    Accounting should be improved - Audit Chamber chair

    One of the similarities between the Azerbaijani and Russian economies is the damage done to the economy by the shadow economy

    17 December - 15:51

  • item

    Tax legislation is based so that big business is always backed - Ministry`s official

    We`re doing very serious work aimed to prevent the shadow economy

    17 December - 15:39

  • item

    Baku to host a tax policy roundtable

    A roundtable on the theme "Tax policy in the development of entrepreneurship: international experience & example of Azerbaijan" has been conducted at the Azerbaijan State University of Economics

    17 December - 15:39

  • item

    Measures are taken to increase economic activity of women - Deputy Minister

    The government is taking systematic measures aimed at increasing the economic activity of women in Azerbaijan

    13 December - 17:08

  • item

    These products have risen in price - LIST

    The consumer price index made up 102.6 percent for January-November 2019, including foods

    12 December - 16:38

  • item

    Food production grew more than by 10%

    Industrial enterprises and individual entrepreneurs operating in this sphere fabricated industrial products by AZN 42.2 bn or 1.4% more for Jan-Nov 2019 against the 2018 same term.

    12 December - 16:23

  • item

    Azerbaijan observes decline in production of these products - LIST

    Over Jan-Nov of the year Azerbaijan produced industrial products by AZN 42.2 bn or 1.4% more compared with the 2018 same term

    12 December - 11:01

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