Economics - 2023
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Baku/29.09.23/Turan: The State Employment Agency (SEA) will start organising the second Festival of Professions to be held in 10 cities and regions of the country.There is no information yet about the...
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Baku/29.09.23/Turan: At the September 28 meeting of the tripartite commission on socio-economic Issues, represented by the Ministry of Labor and Social Security of the Population, the Confederation of...
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Baku/29.09.23/Turan: Energy Ministers of Azerbaijan and Turkey Parviz Shahbazov and Alparslan Bayraktar signed the final protocol of the third Azerbaijani-Turkish energy forum in Nakhchivan on 29 Sept...
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Baku/29.09.23/Turan: In January-August this year for tourist purposes Azerbaijan was visited by 912.700 foreigners, which is up by 32.7% from the comparable period of 2022, the State Statistics Commit...
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Baku/29.09.23/Turan: "Azerbaijan Investment Holding" (AIH) hired Turkish company "Mercer Danışmanlık A.Ş." on 27 September for consultancy services to develop policies and remuneration mechanisms for....
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Baku/29.09.23/Turan: The State Agency for Mineral Resources (SAMR) held an auction on September 27 for sale of the right to operate 19 quarries of non-metallic minerals divided into parts. The auction...
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Baku/28.09.23/Turan: The Ministry of Justice has cancelled the result of a multi-million dollar procurement tender for the provision of services on maintenance, development and technical support of el...
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Baku/28.09.23/Turan: In 2022, consolidated losses of Azerbaijani investment holding "LU-MUN Holding" totalled AZN 13.5 million, down 17% year-on-year. Nevertheless, the holding's shareholders continue...
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Baku/29.09.23/Turan: For eight months of this year Azerbaijan has registered and re-registered rights to 337,700 real estate objects, which is up by 47.3% from the comparable period of 2022, the State...
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Baku/28.09.23/Turan: In 2022, Azerbaijani citizens spent 687.3 million manats ($404 million) on paid medical services, which is 7.4% of all expenses spent by the population on paid services for the ye...
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Baku/28.09.23/Turan: The European Bank for Reconstruction and Development (EBRD) has updated its "Regional Economic Prospects", showing more restraint regarding forecasts for the development of the Az...
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Baku/27.09.23/Turan: "Rehabilitation, Construction and Management Service of Karabakh Economic Region" (RCMSKER) has signed a contract for construction of Saryjali village in Agdam region on 22 Septe...
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Baku/27.09.23/Turan: The Center for Territorial Construction and Planning under the State Committee for Urban Planning and Architecture of Azerbaijan instructed the state design institute "Azermemarla...
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The escalating debt situation in Azerbaijan is raising concerns as the population and businesses grapple with mounting financial obligations. Recent data reveals that the collective debt owed to banks...
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Baku/27.09.23/Turan: In the period of January-August this year, revenues from clinker and cement exports (546,800 tonnes in total) totalled $31.1 million, which is up by 53.3% from the comparable peri...
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Baku/27.09.23/Turan: There were 100,618 stationary retail trade objects in Azerbaijan at the beginning of 2023. According to the State Statistics Committee, 10,500 new shops and supermarkets were open...















