President Ilham Aliyev attended opening of Masalli Industrial Park/Photo

President Ilham Aliyev attended opening of Masalli Industrial Park

Azerbaijan lowers gold production for Jan-Aug 2018

For the past 8 months of the year Azerbaijan produced 2,802.2 kg of gold (28.8% less than for the 2017 same term).

Azerbaijan’s GDP growth made up 0.7% for Jan-Aug 2018

Over Jan-Aug 2018 Azerbaijan’s GDP amounted to AZN 50.5 bn that makes up 0.7% more versus the 2017 same term indicator

Central Bank’s chair: by end of 2018 inflation to be below projected level

This year, inflation has kept at one-digit level, and for the first 7 months of the year it made up only 2.8%

Azerbaijan starts applying new budget policy in connection with transition to post-oil economy from 2019

Azerbaijan is to introduce the new rules on the management of short- and medium-term budget expenditures from 2019

Water operator Azersu creates water infrastructure in border villages

Azerbaijan's national water operator Azersu is implementing a project on creation of new water infrastructure in four frontline settlements of Terter district

A meeting was held at the Ministry of Ecology and Natural Resources

A meeting was held at the Ministry of Ecology and Natural Resources

Petrol has gone up in Azerbaijan

Petrol has gone up in Azerbaijan

Ministry of Ecology and Natural Resources officially supports Caspian Energy Forum Baku– 2018

Ministry of Ecology and Natural Resources officially supports Caspian Energy Forum Baku– 2018

Fitch affirms Azerbaijan’s long-term rating at 'BB+'

Fitch Ratings has affirmed Azerbaijan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+' with a Stable Outlook

Azerbaijan’s Economy Minister held talks with his Russian counterpart

The Azerbaijani delegation led by Economy Minister Shahin Mustafayev is on a visit to Moscow

Two Baku districts to face water supply interruptions

Azerbaijn’s water supply operator Azersu has warned about restriction of water supply for consumers in two districts of Baku

Azerbaijan and SUEZ Group exchanged views on cooperation prospects

Within his visit to Paris the Azerbaijani president held yesterday a meeting withJean-Louis Chaussade, CEO of SUEZ Group.

AzerGold automates its planning system

AzerGold has held presentation of ERP (Enterprise Resource Planning) and electronic document management system

Azerbaijan’s budget met with surplus for Jan-Jun

Azerbaijan’s State Budget revenues amounted to AZN 9.82 bn and expenditures AZN 9.524 bn

$2.6 bn invested in industrial parks of Azerbaijan and $1.1 bn more to be invested

The Ministry of Economy of Azerbaijan has reported about the favorable impact of creation of industrial parks on the growth of the country's economy.

Azerbaijan’s budget met in 1st half of 2018 with surplus of AZN 300 million

The growth of Azerbaijani population’s profit by 9.3% has covered the inflation by 6.3%.

Azerbaijan prepares the AZN 150 bn worth non-ferrous metal roadmap

The cost of metals in the bowels of Azerbaijan is estimated at AZN 150 bn.

Azerbaijan intends to receive over AZN 3 bn more from operation of main gold fields

AzerGold continues development of the feasibility study on operation of a ground ore layer on Chovdar field

Azerbaijan’s Oil Fund to buy reserve gold from AzerGold

The Gold Reserve Fund of Azerbaijan will be formed at the expense of local gold.

Azerbaijan’s head: We need to ensure maximum transparency in economic and financial sectors

Azerbaijani President Ilham Aliyev has tasked the government to continue and deepen the reforms carried out in the country, which have a positive effect.