Since 2003 SOFAZ transferred 65.6 billion AZN to state budget
Since 2003 till June 30, 2016 SOFAZ transferred 65,662,000,000 AZN to the state budget of Azerbaijan.
According to the Fund, during 6 months, 2016 transfers from SOFAZ to the state budget totaled 1,760,000,000 AZN.
SOFAZ has started transfers to the state budget of Azerbaijan since 2003.—0—
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- Economics
- 22 July 2016 13:44
Economics
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Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
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Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
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Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
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The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
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