Mechanism of debt repayment of companies presented

The mechanism has been created to reimburse the debt of companies.

Next year, fish sales to begin at Lachin fish farm Hakari

A number of production sites have already been created in Lachin, which was revived 30 years later.

Cardboard production to begin in Sumgait next year

UPI - Universal Packing Industry CJSC, a resident of the Sumgait Chemical Industrial Park, will start working at full capacity from the beginning of next year,

Alat FEZ to create favorable conditions for investors to create companies

Free Economic Zone Alat is aimed at creating favorable conditions for investors in the development of entrepreneurial activity.

Industrial zone to open in Ganja

A new industrial zone will be opened in Ganja soon.

Azerbaijan advances 9 positions in field of economic activity

Azerbaijan has advanced 9 positions worldwide in the field of economic activity and opportunities.

Silver production in Azerbaijan drops almost by 50%

Azerbaijan produced 3,762.2 tons of silver for Jan-Nov 2023.

Industrial production in Azerbaijan declined by 1%

Over Jan-Nov 2023, the volume of goods and services produced by industrial enterprises and individual entrepreneurs decreased by 1% to AZN 60.8 billion.

Armenia's public debt has grown

As of October 2023, the national debt of the Republic of Armenia amounted to $11.116 bn.

Taxpayer rate in Nakhchivan has doubled

5,521 new taxpayers were registered in the Nakhchivan Autonomous Republic for Jan-Nov 2023, ABC.AZ reports, referring to the State Tax Service.

GDP observed growth for past 11 months – Growth rate has grown

Over Jan-Nov 2023, Azerbaijan produced GDP of AZN 110.2 bn ($58.86 bn) or 0.8% more year-on-year, ABC.AZ informs, citing the State Statistics Committee.

Tax revenues in the NAR have increased

Annual inflation in Azerbaijan drops below 10%

The inflation in Azerbaijan made up 9.4% for Jan-Nov 2023 (decline of 1.5% against Jan-Nov 2022), ABC.AZ reports with reference to the State Statistics Committee.

Tax revenues in Azerbaijan observed growth

The State Tax Service under the Ministry of Economy received AZN 15.337 bn to the State Budget Jan-Nov 2023.

President: There is a big demand for Azerbaijani gas in Europe, and this demand is growing

President: Our state investment program will be mainly directed to liberated areas of Karabakh and Eastern Zangazur

Tax administrations established in liberated territories

Minister gets acquainted with work of drug producer plant

Economy Minister Mikayil Jabbarov has got acquainted with the work at the enterprise for production of bio-active food additives and medicines of Supreme Pharmatech Manufacturing LLC in the Pirallahi Industrial Park, the construction of which is scheduled to begin in 2024.

No empty seats left in Pirallahi Industrial Park

The 1st phase of the formation of the industrial park in Pirallahi has been completed

Azerbaijan to study this country’s experience on efficient use of water

The UK will share with Azerbaijan its experience in effective management of water and land resources.

Assets of enterprises and organizations grew up to AZN 311.99 bn

The assets of enterprises and organizations increased up to AZN 311.99 billion in Azerbaijan by January 1, 2023.