EBRD: Azerbaijan has achieved serious economic growth for past 2 years

The strong economic growth in Azerbaijan over the past two years has been associated with the recovery of the economy after Covid-19 and high revenues from hydrocarbons

EBRD lowers forecast of economic growth in Türkiye

Belarusian elevators to be assembled in Azerbaijan - Documents signed

EBRD: Inflation in Azerbaijan has gradually slowed down

In March 2023, inflation in Azerbaijan slowed down, but remained high and made up 13.8% per annum.

Dossier of newly-appointed director of National Depository Center

Agagusein Khudaverdiyev has been appointed the director of the National Depository Center of Azerbaijan.

New chairman of board appointed at National Depository Center

The appointment took place at the National Depository Center of Azerbaijan.

Industrial parks of Azerbaijan get in TOP-10 of EAEU and neighbouring countries

Azerbaijan's 3 industrial parks among TOP-10 in EAEU and neighbouring countries

Economic growth in Georgia exceeds 7% - Report

The economic growth in Georgia made up 7.2% in the first quarter of 2023, ABC.AZ informs with reference to the National Statistics Service of Georgia.

New deputy head of Nakhchivan State Tax Service appointed

A new deputy head of the State Tax Service of the Nakhchivan Autonomous Republic has been appointed.

Rate of active taxpayers increased by 3%

As of May 1, 2023, the number of active taxpayers in Azerbaijan reached 732,200.

Tax revenues in Nakhchivan increased by 41.7% for Jan-Apr

In April 2023, the budget received AZN 5.6 million from the State Tax Service of Nakhchivan Autonomous Republic

Production at enterprises decreased

Industrial enterprises and individual entrepreneurs operating in this area produced industrial output for AZN 24.3 bn for Jan-Apr 2023, or 2.4% less versus Jan-Apr 2022.

Tax revenues from oil & gas sector grew more than by 16%

Eldar Azizov: There is no concrete decision yet on construction of a bridge from Bayilov to Akhmedli

Azerbaijani billionaire puts his yacht up for sale

The sanctions imposed against Russia not only weaken the country, but also affect the financial situation of entrepreneurs.

Warren Buffett: The best period of U.S. economy is over

Warren Buffett has made a number of statements about the U.S. economy.

List of world’s most expensive cosmetic companies

L'Oreal (France) has been leading the rating of brands engaged in the production of the most expensive cosmetics in the world for the fourth year

Loans given by this bank to customers fell to AZN 8.448 million

The assets of the Azerbaijani branch of Bank Melli Iran in the first quarter of 2023 increased by AZN 5.732 million compared with the end of the last quarter.

China increases gold reserves for 6th month in a row

China has been increasing its gold reserves for the sixth month in a row.

Taxpayer Service Center opens in Nakhchivan

The Taxpayer Service Center has opened in Nakhchivan.

Azerbaijan's nominal GDP has grown 22-fold for past 20 years

Azerbaijan is a country with rapidly developing economy.