ADB raises inflation forecasts for Azerbaijan

The ADB raised the inflation forecasts for the Caucasus and Central Asia from 8.8% to 11.3% for 2022 and from 7.1% to 8.1% for 2023

Inflation has risen in Britain

Annual inflation in the UK made up 9.4% in June of this year

Over past 6 months, revenues from extra-budgetary organizations increased

Income on insurance premiums from unemployment grew by 21.9% (versus 1 half of 2022) up to AZN 77.35 million

Tax Service’s transfers to Azerbaijan’s budget for Jan-Jun unveiled

The State Tax Service transferred taxes for AZN 6.48 bn to the State Budget over the first 6 months of 2022.

A new enterprise under creation in Azerbaijan - more than 800 jobs to be created

IMF warns of growing risk of global recession

If inflation remains constant, the global economic picture may deteriorate

Key shareholder of Zeyem Technology Park increases much its stake

Inflation in Sweden rose up to 8.5%

Azersheker triples its authorized capital 

The authorized capital of Azersheker LLC has been increased for the third time in 2022 and in the 2nd half of the year.

British company reduces its production in Azerbaijan 

Iran and Azerbaijan sign a document on hydroelectric power plants

Inflation in U.S. renews the record

Inflation rate in eurozone is quite high

MP about sharp strengthening of US dollar

MP Vugar Bayramov spoke about the US dollar and euro exchange rates

Vugar Bayramov: Euro has lost 18% of its value this year

IMF presents forecast on economic growth in U.S. for coming years

The IMF has cut the forecast on the economic growth in the U.S.

IMF lowers forecast on US economic growth

The IMF has once again reduced the forecasts on economic growth of the US economy.

Threat of global crisis to increase in this case

MP: Risk of economic crisis increases

Analysts: Recession begins in the U.S.

Wells Fargo considers that there is no need to worry about the risks of recession in the U.S. anymore, because the recession has already come.

Bakı Elektronştamp suffered losses for AZN 195,000

Bakı Elektronştamp plant finished 2021 without sales and with losses.