Economics - 2016
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The Central Bank left the dollar exchange rate for December 1 unchanged at 1.7381 AZN. After several days of growth of the US currency, commercial banks raised the purchase price at 1.80 manat. At...
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The Chairman of the Central Bank of Azerbaijan Elman Rustamov said that for 2016 he predicted a deficit balance of payments at the level of $ 5 billion. Speaking on the draft state budget in parli...
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The President of the Central Bank of Azerbaijan Elman Rustamov said that the national currency manat adapted to an oil price of $ 45-55 per barrel. Speaking at the discussion in the parliamentary...
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Today, November 30 LLC Silk Way Khususi Neqliyyat Zavodu announced its liquidation. This is the second company in the Silk Way Group that announced its closure in the past two weeks. The Silk Way...
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On the November 29 auction the Ministry of Finance fully placed government bonds with a maturity period of 182 days for a total amount of 20 million manat. AZN 18 million 53.3 thousand was raised....
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The criterion need in Azerbaijan, used to determine the amount of targeted social assistance (TSA) is planned to increase from 105 manat to 116 manat in 2017, Finance Minister Samir Sharifov said duri...
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Finance Minister Samir Sharifov spoke before the deputies of Milli Majlis during the discussion of the state budget for next year. Assessing the prospects for parliamentary committees on defense,...
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The twinning project "Support to the Ministry of Taxes in the field of human resources development" implemented within the framework of the European Neighborhood Policy has been completed. Speakin...
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On Wednesday hte Parliament began consideration of Azerbaijan's state budget for next year. According to Deputy Economy Minister Sevinj Hasanova, the government is considering a further increase i...
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Over the past month seven commercial banks of Azerbaijan - Bank BTB, Bank VTB (Azerbaijan), Khalg Bank, Capital Bank, NBC Bank, Turan Bank and Ziraat Bank (Azerbaijan) - changed the annual interest...
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Azerbaijan seeks to increase the supply of oil to the Asian markets, writes Reuters. So, Eikon data show that in October, Azerbaijan sent to China, Taiwan and India nearly 7 million barrels of oil...
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The oil and gas companies operating in Azerbaijan within PSA contracts in January-September 2016 paid enterprise profit tax in the amount of 180 million 349.8 thousand manat (at the current rate ab...
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Azerbaijan for the first time starts a “differentiated system” of payment for electricity and gas. How will calculations with counters be carried out, while many users have smart meters with cards...
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We offer rankings of commercial banks of Azerbaijan, based on a comparison of the financial indicators of the results of the 3rd quarter of 2015-2016 (annual change). The rankings are prepared usin...
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JSC Azeristiliktechizat, the state monopoly on centralized heating and hot water, is preparing for the revision of tariffs for their services. Recently, the Cabinet ruled out hot water from the...
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On Tuesday the Central Bank lowered the official rate of the manat to the US dollar at the level 1.7318 manats. This is higher than the previous rate on November 29 which was equal to 1.7246 AZN....












