Economics - 2016
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The Azerbaijani Ministry of Finance has expressed disagreement with the Standard & Poor’s credit rating of Azerbaijan. S & P lowered the long-term and short-term credit ratings of Azerbaijan in fo...
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The World Bank (WB) is discussing with the Government of Azerbaijan a number of medium- and long-term measures for the country's transition to a new growth model, based on the private sector and incre...
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The Minister of Finance Samir Sharifov returned to the subject of compulsory health insurance (CHI). According to him, CHI requires more careful preparation before implementation. In this...
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Cotton production, according to Economy Minister Shahin Mustafayev, refers to priority areas. As he said at today's conference Azerbaijan-Turkish Experience in the Development of Promising Areas of...
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The analytical review of Sberbank Investment Research noted that last year Azerbaijan spent foreign exchange reserves of $ 8.8 billion, as a result of which their volume reduced to $ 5 billion. In...
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On January 30 the Central Bank of Azerbaijan (CBA) held the Board of Directors’ meeting with the heads of the structural and regional divisions. It was devoted to the results of 2015. Regarding th...
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The IMF mission which arrived in Baku had talks in the Ministry of Economy, and discussed the issues of minimizing the negative of lower oil prices in the world. According to the Ministry of Eco...
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The Azerbaijan Central Bank announces the exchange rate until 1 February: AZN retained the trend of strengthening to the US dollar. In the next three days the official exchange rate of manat will...
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The Azerbaijani government has corrected the state budget for the current year based on a basic oil price of $25 per barrel, said the Finance Minister Samir Sharifov. According to him, in the revised...
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In view of the volume of imports of goods into Azerbaijan in January, we can assume that in 2016 the import of goods could be around $ 5 billion. This was stated by the Deputy Chairman of the State Cu...
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On the eve of the professional holiday of customs officers the leadership of the State Customs Committee (SCC) of Azerbaijan held a press conference on the results of activity in 2015 and tasks for th...
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Azerbaijan has a need for external borrowing, but there is no acute need for this, Finance Minister Samir Sharifov said in an interview with AzTV. He did not confirm the Western media about the plans...
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The world oil price will not drop below $25.00 per barrel and it could also go up in the second half of the day, said Azerbaijani Finance Minister Samir Sharifov. “Therefore, the renewed state...
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Experts of State Oil Company of Azerbaijan (SOCAR) have been working on the production sharing agreement, which envisages development of onshore fields Muradkhanly-Jafarli-Zardab located 250 km sou...
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The Cabinet of Ministers of Azerbaijan adopted a resolution "On additional measures to accelerate socio-economic development of the Binagadi and Garadagh districts of Baku." The document provid...
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In 2015, the state budget deficit amounted to 633,600,000 manats, which was covered by the remainder of the single treasury account. The press service of the Ministry of Finance told Turan the...













