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

Rate of taxpayers registered in 2019 has increased

The number of active taxpayers increased by 13.1% up to 452,242 as of 1 June 2019

Tax Ministry transfers over AZN 3 bn to State Budget

Tax revenues observe a rise in 2019

KOBIA signs a memo with Association of Small & Medium Entrepreneurs of Switzerland

IMF forecasts 2.7% of GDP growth in Azerbaijan in 2019

The International Monetary Fund has issued the statement upon conclusion of 2019 Article IV Mission to Azerbaijan

Milli Majlis passes amendments to Azerbaijan`s budget 2019 in 1st reading

At the plenary session on 27 June the Azerbaijani parliamentarians adopted amendments to State Budget 2019 in the 1st reading

Over last 5 months Azerbaijan produced GDP for AZN 30 bn

Over the past 5 months of 2019 Azerbaijan produced AZN 30.608 bn or 2.2% more of GDP versus the same term of 2018

Rufat Mammadov: This year number of entrepreneurs engaged in foreign trade grew by 74%

Export in the non-oil sector grew by 36.5% for 2017-2018 and by 17.8% for past 5 months of 2019

Tax revenues increased by 8.3% this year

For Jan-May 2019 there was an increase in tax revenues by 8.3% versus the 2018 same term