Economics - 2024
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Azerbaijan has approved a new set of regulations detailing the procedures for managing social emergencies as part of its efforts to improve the country’s legal framework for addressing emergencies. Th...
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Azerbaijan’s State Committee for Urban Planning and Architecture has signed a partnership agreement with the International Finance Corporation (IFC) to develop a roadmap for green building initiatives...
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Azerbaijani President Ilham Aliyev has signed a decree approving new regulations for categorizing land and changing land categories, the Presidential Administration said on Thursday.
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Orhan Nazarli, Head of the State Tax Service under the Ministry of Economy of Azerbaijan, met with Margaret Cotton, Deputy Head of the Revenue Administration of the International Monetary Fund (IMF),...
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The Board of Directors of SOCAR Turkey convened in Istanbul to review current projects and growth strategies, the company reported on Saturday. The meeting was chaired by Rovshan Najaf, President of S...
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The Baku Climate Action Week is currently taking place in the capital of Azerbaijan, serving as a prelude to COP29, where Azerbaijan aims to solidify its role as a regional leader in green energy init...
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The minimum wage in Azerbaijan, currently set at 345 manats, will be increased at the beginning of 2025 to meet the country’s international obligations. This was announced by economist and Member of P...
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The Cabinet of Ministers of Azerbaijan approved a series of amendments on September 25, to the laws regulating the circulation of medicinal products, as part of the implementation of the "Law on Amend...
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The Ministry of Digital Development and Transport of Azerbaijan has approved a new regulation titled "Flight Operations Preparation Rule," aimed at enhancing the safety and efficiency of civil aviatio...
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The Ministry of Digital Development and Transport of the Republic of Azerbaijan approved a comprehensive set of airworthiness regulations aimed at ensuring the safety and reliability of the country’s...
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The Cabinet of Ministers of the Republic of Azerbaijan has approved the draft state budget and consolidated budget of the country for 2025, along with budget indicators for the subsequent three years....
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Azerbaijan is grappling with a significant rise in its Consumer Price Index (CPI) for August 2024, signaling potential economic challenges that warrant immediate attention from the government.
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Azerbaijan experienced a significant increase in food imports during the January-August period of 2024, raising concerns about the nation's domestic agriculture sector and economic resilience.
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On Thursday, President Ilham Aliyev spoke at a high-level meeting dedicated to Azerbaijan's economic indicators and future strategies, emphasizing significant growth in the non-oil sector and outlinin...
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As part of efforts towards decarbonization, Samira Musayeva, Deputy Head of the State Tax Service at Azerbaijan's Ministry of Economy, met with a delegation from the World Bank during the Internationa...
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Baku, September 26, 2024 — On September 26, the 2nd Economic Forum of the member countries of the Azerbaijan-Gulf Cooperation Council (AGCC) officially opened in Baku. The event was organized with the...















