Ilham Aliyev: Inflation has become a serious problem all over the world

Today, inflation has become a serious problem all over the world. Even in developed Western countries, where inflation usually did not exceed one percent – one or a maximum of 1.5 percent – inflation exceeds 10 percent now.

28 business entities received resident status in industrial zones in 2022

Benefits for business in liberated territories for 10 years provided

A meeting on household accounting held in Nakhchivan

Forecast: Azerbaijan’s gold extraction to grow by 1.6% by 2026

The Azerbaijani government predicts gold production at the level of 3,104 kg in 2023.

President approves Law on State Budget 2023

President Ilham Aliyev has approved the Law on State Budget 2023.

President has made changes to Tax Code

The amendments have been made to the Tax Code of Azerbaijan.

President endorsed Action Plan on Public Service Development Strategy

The Action Plan 2023-25 on the Strategy of Development of Public Service in Azerbaijan for 2019-25 has been approved.

Amendments to Tax Code

Economy Minister: Azerbaijan's economy grew by 5.4%

After the coronavirus pandemic (COVID-19), Azerbaijan's economy grew by 5.4%, and by 4.8% in 2022

Economy Minister: Big events are planned in Nakhchivan

Azerbaijan signs convention on double taxation avoidance with Japan

Azerbaijan's State Budget revenues grew 21.6-fold

State Budget revenues increased by 21.6 times and expenditures by 22.2 times in 2003-2021

Vusal Gasimli: Azerbaijan's economy up 3.4-fold in last 19 years

In the last 19 years, Azerbaijan's GDP has increased 3.4-fold

Russia's ability to influence these countries to decrease

The possibilities of Russia's political and economic influence on the CIS countries will gradually decrease

Statistics: Nakhchivan's economy has grown

Over Jan-Nov 2022, the Nakhchivan Autonomous Republic produced GDP for AZN 2.743 bn.

ADB: Azerbaijan's upcoming economic growth to be 4.7%

The growth of Azerbaijan’s real GDP this year is projected at 4.7%

Economy Minister: 2022 to be remembered for positive trends towards economic diversification

Annual tax revenues exceed 15 bn manats first time

The annual volume of tax revenues exceeded AZN 15 bn manats for the first time.

Up to 2,000 new jobs created in Azerbaijan with EU support

Currently, Azerbaijan is numbering more than 400 European companies.

Erdogan: Be ready to reduce inflation in 2023 to 20%

By the end of 2023, inflation in Turkey will fall to 20%.