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  • Economy
  • item

    President Ilham Aliyev allocated AZN 15 million to water operator Azersu for consumer water meters

    President Ilham Aliyev of Azerbaijan has signed an order on additional measures aimed at providing consumers with water meters.

    27 October - 11:00

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    Azerbaijan Economy Ministry jointly with UN declare an innovative contest

    The Ministry of Economy of Azerbaijan in collaboration with the UN representation in Azerbaijan has announced an innovative contest.

    26 October - 16:57

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    EU allocated AZN 13.5 million to Azerbaijan for economic reform and judicial governance

    Azerbaijan and the European Union signed an agreement on financing the Program of Technical Cooperation Mechanism.

    26 October - 16:02

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    Female entrepreneurs in Azerbaijan found their own association

    The Women Entrepreneurs’ Association has been established for the first time in Azerbaijan.

    26 October - 15:26

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    Azerbaijan’s Customs Committee to transfer AZN 2.43 bn to State Budget

    The State Customs Committee (SCC) of Azerbaijan is quite optimistic on the occasion of the process of implementation of the budget forecasts.

    25 October - 13:07

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    Azerbaijan’s head funds AZN 2.1 million for improvement of water supply of Lankaran city

    Azerbaijani President Ilham Aliyev has signed an order on the continuation of the project on improvement of water supply system and sewage system in the city of Lankaran.

    25 October - 10:00

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    EU to assist Azerbaijan Tax Ministry to optimize use of resources

    The European Union launches another twining project in Azerbaijan.

    24 October - 15:45

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    Binagadi district of Baku to face water problems today

    Azerbaijan’s water operator Azersu announced about the irregular supply of water today.

    24 October - 11:33

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    President Ilham Aliyev takes part in 9th Istanbul Summit of Organization for Economic Cooperation D-8

    The 9th Summit of the Organization for Economic Cooperation D-8 has started in Istanbul, Turkey.

    20 October - 13:04

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    Revenues and expenditures of Azerbaijan’s State Budget 2018 unveiled

    The Draft State Budget of Azerbaijan for 2018 has been published.

    20 October - 11:29

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    Draft State & Consolidated Budget 2018 submitted to Milli Majlis

    The Azerbaijani Parliament is to consider the Draft State and Consolidated Budget of the country for 2018.

    19 October - 12:59

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    Finance Ministry: Azerbaijan’s State Budget for Jan-Sept met with deficit and consolidated budget with surplus

    Over Jan-Sept of the year the deficit of the State Budget of Azerbaijan totaled AZN 783.6 million.

    19 October - 12:50

  • item

    Azerbaijan’s State Budget deficit made up 1.5% of GDP

    The State Statistics Committee of Azerbaijan published the size of deficit of the State Budget for Jan-Sept.

    17 October - 17:01

  • item

    GDP per capita in Azerbaijan reached AZN 5,149.4

    GDP per capita in Azerbaijan reached AZN 5,149.4 Baku, Fineko/abc.az. Over Jan-Sept of the year Azerbaijan produced gross domestic product for AZN 50.067 bn. The State Statistics Committee informs that GDP grew by 0.6% compared to the same period of 2016. "For the reported term production in the nonoil sector grew by 2.5% and in the oil sector reduced by 6.5%. The share of the nonoil sector in country’s GDP made up 62.6%, 40.2% of value added accounted for the industrial sector, 10.4% in trade and repairs of transport, 8.7% in construction, 6.9% in transportation and warehousing, 5.9% in agriculture, 2.5% in tourist accommodation and catering, 1.7% in communication & information, 16.3% on other industries," the Committee said. The SSC reports that the amount of taxes on products and imports amounted to AZN 5,149.4 manats that makes up 7.4% of country’s GDP. GDP per capita made up AZN 5,149.4. Over Jan-Sept of the year Azerbaijan produced gross domestic product for AZN 50.067 bn.

    17 October - 16:30

  • item

    Azerbaijan Confederation of Entrepreneurs and Belarus Chamber of Commerce signed Memorandum on Cooperation

    The Azerbaijani-Belarusian Business Forum is taking place in Baku.

    17 October - 12:50

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    Industrial production in Azerbaijan by almost by one third

    For the past 9 months Azerbaijan produced industrial products for AZN 28.3 bn.

    11 October - 12:04

  • item

    Azerbaijan has invested over $120 million in German economy

    Baku is hosting the German-Azerbaijani business forum.

    11 October - 12:03

  • item

    Since early 2017 inflation in Azerbaijan made up almost 14%

    Inflation in Azerbaijan made up 13.9% over Jan-Sept of the year.

    11 October - 12:01

  • item

    Azerbaijan and Kazakhstan eliminate double taxation

    President Ilham Aliyev has approved the Intergovernmental Protocol between Kazakhstan and Azerbaijan.

    11 October - 10:53

  • item

    Azerbaijan numbers 481 exemplary taxpayers

    The Ministry of Taxes of Azerbaijan is taking measures to ensure partnership relations with taxpayers.

    9 October - 18:05

  • item

    President Ilham Aliyev: nonoil economy increased by 2.5% firts time for past 9 months

    Azerbaijani President Ilham Aliyev has chaired the Cabinet Ministers’ meeting on results of socioeconomic development for the last 9 months.

    9 October - 15:08

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