Economics - 2015
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In the first quarter of 2015 the real rate of loans in foreign currency banks in Azerbaijan increased by 4 times and amounted to 46.6%. The reason for this jump was the February devaluation of the man...
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In January-April this year the volume of industrial production in Azerbaijan totaled 8.5 billion manat, which at current prices is 22.7% (2.5 bn. AZN) less than in the same period of 2014.According to...
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According to the results of I quarter of 2015 from offshore fields in Azerbaijan, "the Azeri-Chirag-Gunashli (ACG)" was produced 8 million tons (59 million barrels), or an average of 661 thousand barr...
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* * *2015 May 13 (Wednesday) 12:34:25In April of this year in Azerbaijan, consumer prices decreased compared to March by 0.2%, the State Statistics Committee told Turan.Earlier SSC reported that...
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The long-term issuer default rating of the Azerbaijan Mortgage Fund (AMF) in foreign and local currency has been kept at the «BBB-» level with a "stable" outlook.According to the report of Fitch Ratin...
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One of the issues discussed at today's meeting of the spring session of the Milli Majlis, was the law "On the Central Bank of Azerbaijan", which amended. Changes touched also the problems with the lac...
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In January-April targeted social aid was received by 113,455 families (494,892 people).According to the Ministry of Labor and Social Protection, it is 26,774 families, or 19% less than on May 1 of las...
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The Central Bank's February decision to reduce reserve requirements on deposits from 2 to 0.5%, taken after the devaluation of the manat on Feb. 21, brought the banking system further 226 million mana...
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At the meeting on 15 May Azerbaijani parliament adopted the Draft Law "On Advertising" in the third reading.The author of the bill, MP Vahid Ahmadov noted that the new version of the law, existing sin...
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The largest trust banks for borrowers are in Baku. According to the report of the Central Bank of AR (CBA) for the first quarter, the volume of commercial and business loans to borrowers in the capita...
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Petrol consumption has been growing in Azerbaijan significantly. If the situation continues, by 2017 our capacities will be limited and we will not be able to ensure further growth of consumption. Fo...
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In January-April this year under the country's tax service was transferred to the state budget 2 billion 368 million manat that is 282.4 million manat or 10.7% less than in the comparable period of 20...








