Azerbaijani Tax Minister: This year number of on-site tax audits fell 2.7-fold

This year the number of on-site tax audits decreased by 2.7 times (versus 2018) and by 6 times (against 2017)

Tax Minister: Nonoil sector share in tax revenues reaches 70.1%

The share of nonoil sector in tax revenues reached 70.1% in 2019 and this is a significant increase versus 65.8% in 2018

Tax Minister Mikayil Jabbarov: Consolidated budget received AZN 4.95 bn from Taxes Ministry

The Azerbaijani Cabinet Ministers conducted yesterday a meeting on socio-economic sector, chaired by President Ilham Aliyev

President Ilham Aliyev: Over $6 bn invested in Azerbaijani economy for 1st half of 2019

The trade turnover of Azerbaijan showed sufficient growth of over 20%

President Ilham Aliyev: Nonoil industry growth by 15.7% for first 6 months very encourages

The Cabinet Ministers held yesterday a meeting on socio-economic sector, chaired by President Ilham Aliyev

Central Bank`s chair: Inflation is expected at 4% by end of 2019

President signs a decree on approval of Tax Ministry structure

President Ilham Aliyev has signed a decree on the approval of the structure of the Ministry of Taxes

Forms of quarterly reporting on compulsory state social insurance and unemployment insurance changed

The Ministry of Taxes approved the new versions of forms "Quarterly report on compulsory state social insurance" and "Quarterly report on unemployment insurance", as well as the rules for preparation of these reporting forms

Azerbaijan observes a rise in fabrication of finished metal products

Output estimated at AZN 357.1 million was manufactured in the metallurgical industry and production of finished metal products for Jan-Jun of this year

Tax minister met with director general of Israeli Tax Authority

Tax Minister Mikayil Jabbarov met with Eran Yaakov, the director general of the Tax Authority of Israel

Economy Minister: Azerbaijan-Afghanistan trade turnover grew by 37% for 2018

Economy Minister Shahin Mustafayev met with the delegation of the Islamic Republic of Afghanistan, led by Mohammad Humayun Qayumi, Finance Minister and chief advisor on infrastructure and technology to president

Sahib Mammadov: Afghanistan has invested $1.5 million in Azerbaijan`s economy

The Azerbaijan-Afghanistan working group has conducted its first meeting in Baku today

This year Customs Committee transferred AZN 2 bn to budget of Azerbaijan

The State Customs Committee informs that its transfers to the State Budget for Jan-Jun 2019 totaled AZN 2.065 bn

GDP growth in Azerbaijan grew by 2.4%

In the 1st half of the year Azerbaijan`s GDP increased by 2.4% (versus the same term of 2018) up to AZN 37.825 bn

Anglo Asian Mining increased its gold production over Jan-Jun

For the first 6 months of 2019 British company Anglo Asian Mining extracted 39,905 ounces of precious metals that is by 7% more against the same term of 2018

Nonoil export amounted to $786.6 million this year

The State Statistics Committee reports that for Jan-May of the year Azerbaijan exported nonoil products for $786.6 million

Milli Majlis adopts amending to Azerbaijan`s budget in 3rd reading

At today`s plenary session the MPs have passed the amending bill in the 3rd reading to the Law on the State Budget 2019

MPs pass a drafting bill on Unemployment Insurance Fund budget for 2019 in 3rd reading

AZN 6.1 bn directed for fixed assets this year

Over Jan-Jun of the year it was directed AZN 6.13 bn for fixed capital from all financial sources for development of the economy and social sphere of Azerbaijan

Supreme audit institutions of Azerbaijan, Belarus, Georgia and Ukraine sign Memo of Understanding

The opening of project "Strengthening of the capacity of supreme audit institutions of the Eastern Partnership states" has been held in Tbilisi today with the support of the German International Cooperation Society (GIZ)

Economy Minister: $15.3 bn invested in Azerbaijani economy in 2018