In Azerbaijan, approximately 55,000 certificates of electronic signatures
Azerbaijan has issued more than 55,000 certificates ASAN Imza, said the Ministry of Taxes. Holders of electronic permits (citizens, foreigners, individuals and legal persons who are the subjects of business and government representatives) to July 1, 2013 carried out 3.5 million signatures.
ASAN Imza can be received in the public agency for services to citizens and social innovation (ASAN Khidmet) and the Ministry of Taxes. ASAN Imza provides access to e-services via mobile devices.
Recall, the Ministry of Taxes of Azerbaijan since September 1, 2013 provides e-services on e-payment and offset of VAT and acception of electronic tax invoices only by using ASAN Imza. --17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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