85% of Work Completed at Eel Electric Plant in Agdam Industrial Park

The State Tax Service (STS) of Azerbaijan has issued an urgent warning to citizens regarding a surge in fraudulent activities exploiting the name of the country's VAT refund project. According to the STS, cybercriminals have been creating counterfeit websites and online pages that closely mimic the official internet resources of the State Tax Service, luring unsuspecting citizens with promises of VAT refunds.

On July 30, a meeting of the Working Group on "Inflation and Price Monitoring" was held under the chairmanship of the Head of the Cabinet of Ministers, Rufat Mammadov, to discuss price changes in Azerbaijan's consumer market and the government's anti-inflationary measures this year.

Azerbaijan's foreign trade balance showed a positive surplus of $4 billion in the first half of 2024, according to data from the Central Bank of Azerbaijan (CBA) on the parameters of the interest rate corridor.

Azerbaijan's President Ilham Aliyev has approved amendments to the state program for geological studies and efficient use of mineral raw materials, as detailed in an order issued on March 16, 1941. The adjustments target the program for 2020-2024, specifically revising the description under subparagraph 8.1.4 to include the words "Lankaran-Astara."