Different forecasts from two ministries

The State Budget of Azerbaijan expects to receive AZN 8.716 bn from the State Tax Service.

VAT finances to be received by State Budget 2022 published

In 2022, the State Budget of Azerbaijan is expected to receive AZN 5.279 bn on VAT.

Azerbaijan’s state debt for 2022 published

The upper limits of external and internal public debt have been set in the State Budget for 2022.

AZN 5.9 bn to be allocated from Azerbaijan’s state budget for economic activities

The State Budget of Azerbaijan is expected to allocate AZN 5.932 bn for economic activities next year

Mikail Jabbarov met with Minister of Foreign & European Affairs of Croatia

Azerbaijani Economy Minister Mikail Jabbarov met with Croatian Minister of Foreign & European Affairs Gordan Grlić-Radman.

Azerbaijan and Mongolia sign a cooperation agreement

On 21 October 2021 an agreement on trade and economic cooperation was signed between the Governments of Azerbaijan and Mongolia.

STP Group of Companies signs a memorandum

A Memorandum of Understanding on strategic cooperation has been signed between STP Group of Companies and the Alat Free Economic Zone.

CAERC: A new stage of economic reforms starts from next year

A new stage of economic reforms will begin in 2022

Number of taxpayers in Azerbaijan exceeds 1.3 million

As of 1 October 2021 Azerbaijan numbered 1,301,903 taxpayers.

IMF statement on Azerbaijan's economy

The main drivers of the current economic recovery in Azerbaijan are the non-oil sector, the acceleration of vaccination and fiscal and financial measures taken by the State

Economy Minister made a statement about subsidizing of credit interests

Residents of industrial parks exempt from paying taxes for 5 years more

Azerbaijani President Ilham Aliyev has approved laws on amendments to the Tax and Customs Codes.

Implementation of Zangezur Corridor can contribute to economic potential of region

Azerbaijan develops in accord with Fourth Industrial Revolution requirements

IMF forecasts Azerbaijan's economy to grow by 3% this year

Azerbaijan accelerates the pace of economic growth every month.

Economy Minister Mikail Jabbarov met with Turkish ambassador

Economy Minister Mikail Jabbarov has met with Turkish Ambassador to Azerbaijan Jahit Bagci

Azerneshr’s profit increased after incurred loss

State publishing house ‘Azerbaijan’ (Azerneshr) completed 2020 with profit of AZN 125,000. In 2019 the publishing house suffered losses in the amount of AZN 98,000.

Moody’s affirms Azerbaijan’s credit ratings at ‘Ba2’

International rating agency Moody's has confirmed the long-term rating and the rating of priority unsecured obligations of Azerbaijan at the Ba2 level

Nonoil sector tax transfers to Azerbaijan’s budget increased

The State Tax Service under the Ministry of Economy has disseminated information on the results in the field of tax revenues and social insurance payments

State-run company has released a new series of gold coins for sale

Gold producer AzerGold has released a new series of gold coins.

IMF raises forecast on Azerbaijan's GDP growth

According to the updated forecast of the International Monetary Fund, Azerbaijan's economy will grow by 3% this year.