Azerbaijan observes a rise in fabrication of finished metal products

Output estimated at AZN 357.1 million was manufactured in the metallurgical industry and production of finished metal products for Jan-Jun of this year

Tax minister met with director general of Israeli Tax Authority

Tax Minister Mikayil Jabbarov met with Eran Yaakov, the director general of the Tax Authority of Israel

Economy Minister: Azerbaijan-Afghanistan trade turnover grew by 37% for 2018

Economy Minister Shahin Mustafayev met with the delegation of the Islamic Republic of Afghanistan, led by Mohammad Humayun Qayumi, Finance Minister and chief advisor on infrastructure and technology to president

Sahib Mammadov: Afghanistan has invested $1.5 million in Azerbaijan`s economy

The Azerbaijan-Afghanistan working group has conducted its first meeting in Baku today

This year Customs Committee transferred AZN 2 bn to budget of Azerbaijan

The State Customs Committee informs that its transfers to the State Budget for Jan-Jun 2019 totaled AZN 2.065 bn

GDP growth in Azerbaijan grew by 2.4%

In the 1st half of the year Azerbaijan`s GDP increased by 2.4% (versus the same term of 2018) up to AZN 37.825 bn

Anglo Asian Mining increased its gold production over Jan-Jun

For the first 6 months of 2019 British company Anglo Asian Mining extracted 39,905 ounces of precious metals that is by 7% more against the same term of 2018

Nonoil export amounted to $786.6 million this year

The State Statistics Committee reports that for Jan-May of the year Azerbaijan exported nonoil products for $786.6 million

Milli Majlis adopts amending to Azerbaijan`s budget in 3rd reading

At today`s plenary session the MPs have passed the amending bill in the 3rd reading to the Law on the State Budget 2019

MPs pass a drafting bill on Unemployment Insurance Fund budget for 2019 in 3rd reading

AZN 6.1 bn directed for fixed assets this year

Over Jan-Jun of the year it was directed AZN 6.13 bn for fixed capital from all financial sources for development of the economy and social sphere of Azerbaijan

Supreme audit institutions of Azerbaijan, Belarus, Georgia and Ukraine sign Memo of Understanding

The opening of project "Strengthening of the capacity of supreme audit institutions of the Eastern Partnership states" has been held in Tbilisi today with the support of the German International Cooperation Society (GIZ)

Economy Minister: $15.3 bn invested in Azerbaijani economy in 2018

Economy Minister: French companies have invested $2.2 bn in Azerbaijan

Today, Baku is hosting the Azerbaijani-French Business Forum

Turnover with e-invoices observes a rise of 65%

Over the first 5 months of 2019 the share of trade turnover with electronic invoices in the nonoil sector increased from 59.5% up to 65.7% compared with the same term of 2018

Growth dynamics of nonoil sector has increased this year

The turnover of the nonoil sector increased by 8% for the first 5 months of 2019 versus the 2018 same term

Rise in number of employment contracts recorded

Tax revenues from extra-budgetary organizations amounted to AZN 28.9 million this year

Tax revenues from extra-budgetary organizations for Jan-May 2019 increased by 87.8% up to AZN 28.9 million, and the forecast on them was met by 120.6%

State compulsory social insurance premiums exceeded AZN 1 bn in 2019

For Jan-May 2019 the premiums on state compulsory social insurance grew by 18.3% up to AZN 1.21 bn

High growth of tax revenues observed in banking and insurance sectors

Tax revenues have grown in all areas of the nonoil sector over Jan-May 2019

Tax revenues from nonoil sector grown this year

The high growth rate of tax revenues from the nonoil sector for Jan-May 2019 are linked mainly with VAT, excise duties, profit, state duty, property tax