Azerbaijan and Japan sign a new cooperation agreement

The Ministry of Economy of Azerbaijan and Japan's Nippon Export & Investment Insurance (NEXI) have signed a memorandum of cooperation

President Ilham Aliyev attended the opening of Hajigabul Industrial Town

On 20 April, the opening of the Hajigabul Industrial District took place

Number of taxpayers has increased

Azerbaijan has registered 1,240,652 taxpayers as of 1 April 2021. Of them, individuals made up 87.7%, while legal entities and other organizations 12.3%.

Forecast: State Budget deficit to exceed 5% this year

The ratio of the State Budget deficit to GDP in Azerbaijan in 2021 is projected at 5.2%

Over AZN 60 million returned to population in Azerbaijan as part of VAT refund

Sumgait Chemical Industrial Park’s director dismissed - new appointment

Director of Sumgait Chemical Industrial Park LLC Nazim Talibov has been relieved of his post

GDP per capita reached 1,891.1 manats for Jan-Mar

Over Jan-Mar 2021 Azerbaijan produced GDP for AZN 18.9 bn

China's economy grew more than by 18%

China's economy increased by 18.3% in the first 3 months of this year compared with the same term of last year

Surplus formed in Azerbaijan's State Budget

Azerbaijan's State Budget revenues amounted to AZN 5.736 bn and expenditures AZN 5.523 bn for Jan-Mar 2021

Azerbaijan's economy has shrank

Over Jan-Mar 2021 Azerbaijan produced GDP of AZN 18.9 bn

Azerbaijan has doubled gold exports

Azerbaijan exported 1,109.4 kg of gold to the world markets for Jan-Feb 2021.

Forecast: Copper prices to grow

The demand for copper is increasing as the transition to green energy accelerates

About 1,300 tractors to be assembled in Ganja this year

About 1,300 Belarusian tractors are to be assembled at the Ganja Automobile Plant in 2021.

An industrial park is under creation in Balakhani

President Ilham Aliyev signed a decree on amendments to Presidential Decree #1947 from 28 December 2011 "On the establishment of the Balakhani Industrial Park in Baku"

IMF’s forecast: Caucasus states’ economies to grow

The economies of the Caucasus and Central Asia (CCA) region will increase by 3.7% this year and by 4.1% in 2022

Territory of Sumgait Chemical & Industrial Park to be expanded

President Ilham Aliyev has signed a decree on the expansion of the territory of the Sumgait Chemical & Industrial Park

Amendments made to Regulation on Tax Bodies

President Ilham Aliyev has signed another decree

Moody's has published outlook on Azerbaijan's credit rating

International rating agency Moody's has confirmed the credit rating of Azerbaijan at the level of Ba2

Size of average income of one municipality in Azerbaijan unveiled

Azerbaijan recorded a decrease on expenditures and revenues of the municipalities of the country last year.

Substantial reduction reported on rent for municipal real estate and land plots

The income of municipal authorities from the rental of municipal property and land amounted to AZN 12.44 million for 2020

Some indicators show decline on revenues to municipal budgets