KOBIA signs a memo with Association of Small & Medium Entrepreneurs of Switzerland

IMF forecasts 2.7% of GDP growth in Azerbaijan in 2019

The International Monetary Fund has issued the statement upon conclusion of 2019 Article IV Mission to Azerbaijan

Milli Majlis passes amendments to Azerbaijan`s budget 2019 in 1st reading

At the plenary session on 27 June the Azerbaijani parliamentarians adopted amendments to State Budget 2019 in the 1st reading

Over last 5 months Azerbaijan produced GDP for AZN 30 bn

Over the past 5 months of 2019 Azerbaijan produced AZN 30.608 bn or 2.2% more of GDP versus the same term of 2018

Rufat Mammadov: This year number of entrepreneurs engaged in foreign trade grew by 74%

Export in the non-oil sector grew by 36.5% for 2017-2018 and by 17.8% for past 5 months of 2019

Tax revenues increased by 8.3% this year

For Jan-May 2019 there was an increase in tax revenues by 8.3% versus the 2018 same term

Electronic invoices and tax invoices to be merged into one document soon

The Ministry of Taxes plans to combine electronic invoices and tax invoices into a single document in the near future

Economy Minister: Azerbaijan`s strategic foreign exchange reserves grew by 7.3%

EU-Azerbaijan Business Forum has been held in Baku.

Payroll increased by 16% in 1st quarter of 2019

The total wage fund made up 16.2% in the 1st quarter of this year versus the 2018 same term

Tax Minister: Number of new employment contracts has increased this year

Today, Baku is hosting the EU-Azerbaijan Business Forum

Johannes Hahn: Azerbaijan is an important trade partner of EU

Today, Baku hosts business forum European Union-Azerbaijan.

Economy Minister: Azerbaijan has invested $15 bn in EU

Baku is hosting EU-Azerbaijan Business Forum today

Tax revenues from non-oil sector grew more than by 18%

Over the past 4 months the tax revenues increased more than by 9% compared with the same period of 2018.

Economy Minister has met with new WB regional director

Economy Minister Shahin Mustafayev has met with Mercy Tembon and newly-appointed Regional Director for the South Caucasus Sebastian Molineus

Azerbaijani Tax Minister met with head of Georgian Finance Ministry Revenue Service

Production of machinery and equipment in Azerbaijan grew by 12%

The State Statistics Committee reports that the country produced 436 automobiles over Jan-Apr of the year

2nd production line of plant ASK Glass launched

The 2nd production line of the first production workshop has been put into operation at plant ASK Glass

Macroeconomic stability led to GDP growth of 1.4%

The Committee on Economic Policy, Industry & Entrepreneurship held a meeting at Milli Majlis

Contribution to economy of Azerbaijan amounted to AZN 17.2 bn in 2018

The Committee on Economic Policy, Industry & Entrepreneurship held a meeting at Milli Majlis

Azerbaijan budget revenues from Customs Committee reached AZN 377 million

Field tax inspections reduced 3-fold this year

The number of field tax inspections has decreased almost by three times last year against 2017