S&P downgrades rating of France to negative 

Economy of neighboring country has grown more than by 8% 

Porcelain tableware to be produced in Sabirabad – 28 new jobs to be opened

Industrial goods produced in Baku and services rendered made public

Goldman Sachs comments on China’s economy

EBRD forecasts Azerbaijan’s economic growth of 4.5% for 2022

AAM to invest $2.5 million in gold enrichment plant in Azerbaijan

Anglo-Asian Mining Plc., a British company engaged in gold, silver and copper mining in Azerbaijan, has begun expansion process to double capacity and increase operational flexibility of its flotation plant

MP: The best fight against inflation is to create abundance

The government is fighting inflation, the best fight against inflation is to create abundance.

Over past 10 months fixed capital receipts grew by 8.2%

Azerbaijan's GDP grew by 5.2% for Jan-Oct

Over the past 10 months Azerbaijan's GDP grew by 5.2% (versus Jan-Oct 2021) to AZN 111.028 bn

AzerGold declares about earnings - Report

AzerGold CJSC has announced about earnings from the sale of gold and silver in 2021.

Azeraluminium Supervisory Board held a meeting to discuss draft budget for 2023

Production of this output grew for past 10 months – Statistics

The production of cars, trailers and semi-trailers increased by 81.7% in Azerbaijan for Jan-Oct 2022.

State Budget tax revenues grew by 90.1%

The State Tax Service (under the Ministry of Economy) transferred AZN 13.998 bn of taxes to the State Budget for the past 10 months of 2022.

Rate of active taxpayers in Azerbaijan

As of 1 November 2022, the number of active taxpayers increased by 6% (versus early 2022) up to 705,061 people.

Azerbaijan produced a GDP of AZN 111 bn for Jan-Oct

Azerbaijan produced GDP of AZN 111 bn for Jan-Oct 2022, or 5.2% more against Jan-Oct 2021

IMF gradually worsens forecasts - inflation will rise

IMF’s latest forecast regarding global economic growth turned out to be more pessimistic than last month because of the consequences of the conflict in Ukraine and inflation.

Number of entrepreneurs willing to work in liberated territories grows

The number of companies and entrepreneurs willing to work and engage in production in the territories of Azerbaijan liberated from occupation is growing.

Entrepreneurs to save finances in this case

Today, most of the capital expenditures that entrepreneurs incur for the construction of production facilities are financially-intensive investments, such as the purchase of fixed assets or their import into the country.

Liquid detergent producer to be built in Jabrayil

AzerGold’s net profit decreased by 39%

AzerGold CJSC completed 2021 with net profit of $29.402 million (39% less than in 2020).