The Minister of Taxes Fazil Mammadov appointed Aflatun Masim Oglu Mammadov an advisor. The sphere he will be in charge of has not been specified.
Aflatun Mammadov has higher education in electricity and industrial engineering. Since 1986 he worked intermittently in the Ministry of Communications. He has eight years of experience in the private sector. In 1999-2011 he held the position of advisor to the Minister of Communications. Since February 2016 he held various positions in the Ministry of Taxes.
It should be noted that the Minister of Taxes has the largest number of councilors in the government. He has ten of them now. He has one first deputy and three deputies. -----08D
Economics
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Azerbaijan's Consumer Price Index (CPI) in December 2024 marked a year-on-year increase of 4.9%, with food and beverage inflation leading the surge, according to data from the State Statistics Committee. The overall CPI stood at 104.9%, driven by a 5.5% rise in food products, beverages, and tobacco, 2.4% in non-food products, and a sharp 6.3% hike in paid services provided to the population.
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In 2024, Azerbaijan produced 29.1 million tonnes of oil together with condensate, down from 30.2 million tonnes in 2023, according to preliminary information published by the country’s Ministry of Energy.
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Azerbaijan’s inflation rate in 2024 remained relatively stable, averaging 2.2% for the year, according to data from the State Statistics Committee. While this marks a period of subdued price growth compared to global trends, the numbers reveal nuanced dynamics across sectors and reflect both domestic policy measures and external influences.
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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