In January and February of this year in Azerbaijan has registered 16,768 taxpayers , which is 3.5 % more than that in the same period of 2013.
The Ministry of Taxes not provided information about the structure of unregistered persons according to their shape (legal entities and individuals). However, we know that the majority of entrepreneurs still prefer to work as an individual. In addition, previously Turan wrote that the lion's share of registered companies is established by the same people. Experts argue that these companies are used in shady import operations.
According to the Ministry of Taxes, on 1 March this year, the number of taxpayers in Azerbaijan is 552,112, which is 11.3 % more than in the comparable period of 2013. - 08D-
Economics
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
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The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
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The monopolists of the Azerbaijani internet services market, LLC Aztelekom and LLC Baktelekom, have agreed to raise the minimum monthly internet package price from 18 AZN for 40 Mbps to 25 AZN for 100 Mbps starting August 15. Explaining the new price, these companies want to convince the public that the price has dropped since the internet speed will increase by 2.5 times, thus reducing the cost per Mbps from 45 qapik to 25 qapik. There is no information about the technical innovations in the company that will ensure high traffic speed.
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported a 3.3% increase in its gold investments compared to last year, according to the fund's investment activity results for the second quarter of 2024. Gold investments now account for $8.57 billion, or 14.8% of SOFAZ's US Dollar Portfolio.
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