Minister: Transparent entrepreneurs play a big role in development of Azerbaijan

A conference on the theme "Heydar Aliyev & Entrepreneurship Development in Azerbaijan" has been held in Baku.

Minister spoke about involvement of private sector in Karabakh

The main issue we face in the near future relates to the restoration of the liberated territories and the development of the private sector in Karabakh.

A company with large tax obligations to the state

Asena LLC has a tax debt to the state, ABC.AZ reports with reference to the State Tax Service (under the Ministry of Economy).

India reduced tobacco exports to Azerbaijan

Investments in oil & gas sector exceed AZN 2 bn 

Non-oil & gas GDP grew by 5% 

Japan's economic growth has slowed

Japan's trade deficit narrowed for the second time in March due to falling fuel prices and lower import costs, ABC.AZ reports with reference to the Ministry of Finance of Japan.

Volkswagen plans to release 10 new models of electric vehicles

Volkswagen plans to release 10 new models of electric vehicles by 2026.

Forecast: U.S. economy to have moderate recession in 2nd half of 2023

The U.S. economy will plunge into moderate recession in the 2nd half of this year, ABC.AZ reports, quoting Roger Hallam, global head of rates at Vanguard.

Yandex launches a new smart home control center in Russia

Sales of new smart home devices from Yandex have started in Russia.

AZN 2.2 million to be invested in a dairy plant project in Aghdam industrial park

The resident status has been granted to Aghdam Sud LLC in the Aghdam Industrial Park

Chinese economy has grown

China's economy surpassed expectations for growth in the 1st quarter of 2023

Azerbaijan’s State Budget balance has increased

Azerbaijan’s State Budget revenues amounted to AZN 8.29 bn and expenditures AZN 6.567 bn for Jan-Mar 2023.

Ueda: Global economy to grow after period of slowdown

We forecast a recovery in global economic growth after the period of slowdown

Azerbaijan's GDP has grown by 0.4 in 3 months

Azerbaijan produced GDP of AZN 30.3 bn, or 0.4% more for Jan-Mar 2023 compared with the 2022 same period.

Industrial production decreased by 3.2% in Azerbaijan

The industrial enterprises and individual entrepreneurs in Azerbaijan produced output for AZN 18.6 bn for Jan-Mar 2023 (3.2% less against Jan-Mar 2022).

New company created in Sumgait Technology Park

The State Tax Service has registered STP Advanced Technologies LLC.

Annual inflation in Azerbaijan has decreased

The consumer price index in Azerbaijan made up 113.8% compared with Jan-Mar 2022.

China's economy to grow by 5% this year

Governor of the People's Bank of China Yi Gang has disclosed some details.

U.S. budget deficit doubled in March

The U.S. State Budget deficit in March 2023 almost doubled compared with March 2022, from $192.6 bn up to $378.076 bn.

E-invoice turnover more than doubled in Nakhchivan