Economics - 2013
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Baku/08.10.13/Turan : In the future , the transfers from the State Oil Fund of Azerbaijan (SOFAR) in the state budget will be reduced considerably. According to forecasts of the consolidated budget,...
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In 2014, the city of Mingachevir and the Imishli district will join the regions that fully cover their costs at the expense of local revenue. In any case, it is included in the draft state budget for...
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Continuing to innovate in the banking system , "Bank of the Republic " in cooperation with Baki Sigorta presented a new credit card TurboKart.If your car is valued at 10,000 manat, and more, by applyi...
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President Ilham Aliyev presented on the 7th of October the draft state budget to the Parliament. In 2014, the revenues of the state budget for the first time since the acquisition in 1991 of the state...
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BAKU/08.10.13/TURAN : From January to September this year, the Central Bank of Azerbaijan has reached single-digit inflation , stable exchange rate of manat , financial stability and deepening financi...
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The Central Bank of Azerbaijan has abolished the license of 5 branches and one branch of JSC "Bank Technique" ( former Texnika Bank).As reported by the Central Bank , closed offices located in Sumgait...
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The shares of Bank BTB for a total of 3 million manat were posted on Friday on BSE.Issue of 36.4 million ordinary documentary registered shares of 1 AZN passed state registration in May. According to...
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From January to October, the GDP of Azerbaijan rose by 5.4% , with growth achieved through the development of non-oil sector. Foreign trade turnover increased by 5.7% - Minister of Economic Developmen...
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The chairman of the State Social Protection Fund Salim Muslimov at a meeting of the Cabinet of Ministers on the results of socio -economic development in the first nine months of 2013 and the challeng...
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Iranian Oil Minister Bijan Zangane said it is necessary to eliminate all vagueness in the field of crude oil swap deliveries as soon as possible, reported IRNA Agency.Minister added that it is impos...
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British-Arabian Dragon Oil company has concluded a contract with BKE Shelf Ltd, daughter company of Eurasia Drilling Company, to rent two self-lifting semi-submersible drilling rigs Neptune and Mercu...
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By 2020 the volume of production of high-octane gasoline will exceed the level of consumption by 0.47 million tons and reach about 6 million tons. But since 2024 their deficit is forecasted, reporte...
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SOCAR Trading company, daughter company of SOCAR, has extended contract with the British-Arabian Dragon Oil company for delivery of oil it extracts on the Turkmenistan shelf of the Caspian Sea till th...
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In 2014 the State Oil Fund of Azerbaijan (SOFAZ) will continue funding the projects in the oil industry.According to the draft of state and consolidated budgets for fiscal year 2014, next years it is...
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Baku/08.10.13/Turan : Ministry of Economic Development predicts growth of the consumer price index for the year of 3.3%. The next year, inflation will increase. For three quarters of this year, inflat...
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To ensure the safety of operations with payment cards held by customers via the Internet, PASHA Bank starts to use technology "3D Secure". This technology ("SecureCode" in the payment system "MasterCa...



