Work is underway to recognize Azerbaijani gold as a brand

Some work has been done and will be continued in the future to recognize Azerbaijani gold abroad as a brand.

Zakir Ibragimov: Finances to be raised for construction of new plants

Billion-dollar revenues are expected from Filizchai field

Relevant works have started at the Tutgun field in the territory of occupation-liberated Kelbajar.

Zakir Ibragimov: Dependence of financing for development of gold deposits on State Budget eliminated

We’ve increased the range of gold products with the growing demand.

Zakir Ibragimov: Gold took 2nd place in non-oil exports last year

Gold took the 2nd place in Azerbaijan's non-oil exports last year

AzerGold to be a large company with annual turnover of $1 bn

The main upcoming goals of AzerGold have become known.

Turkey has published data on its auto industry export to Azerbaijan for January

Turkey exported automotive products for $13.627 million to Azerbaijan in January 2022 (50% more versus January 2021).

AzerGold produced 61,500 ounces of gold and 134,400 ounces of silver

AzerGold CJSC hosted an online meeting dedicated to the results of 2021 and the upcoming tasks.

First residents of Agdam Industrial Park registered

Another company with equity capital of AZN 100,000 created under STP

One more company, STP Polymer LLC, has been established in the structure of Sumgait Technology Park LLC

Tax and customs benefits are expected

Governmental agencies will prepare proposals for tax and customs benefits.

Inflation to form in the 6.6-7.7% corridor this year

This year, inflation is expected to be at the upper limit of the target range

Economy Minister: Output for AZN 2.4 bn produced in industrial zones of Azerbaijan for 2021

In 2021, the share of industrial zones in non-oil industrial production grew up to 15.5%, and their share in the growth of non-oil industrial production made up 30%

Efficiency of on-site tax audits has increased

Although the number of mobile tax inspections decreased by 4.5 times in 2021 compared to 2018, the amount of assessed tax per 1 mobile tax inspection increased by 4 times during the period

Economy Minister: Consumer market has grown almost by 4%

Economy minister says about growth in non-oil sector

Azerbaijan’s earnings on VAT from the non-oil sector have increased by 17%

Economy Minister: Azerbaijan's nominal GDP exceeds AZN 90 bn

Nominal GDP in Azerbaijan has reached AZN 93 bn (AZN 11 bn more versus 2019)

Economy Minister: Growth of Azerbaijan's non-oil GDP in 2021 becomes a record over past 7 years

The growth of Azerbaijan's non-oil GDP in 2021 made up 7.2%, which is the highest indicator in the last 7 years, ABC.AZ reports, citing Economy Minister Mikail Jabbarov

MP: Transition to ‘full floating rate’ to be sooner or later

For many years, the exchange rate of the manat has been maintained administratively. But the process cannot last long.

Deficit forms in State Budget of Turkey

Large deficit has formed in the State Budget of Turkey

A department abolished in State Tax Service

A number of changes have been made to the structure of the State Tax Service under the Ministry of Economy of Azerbaijan.