Economics - 2015
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If someone from the show business tries to evade the tax, as it happened before, full power of the law will be applied to them. This statement was made on December 23 by the main economic analysis and...
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The insurance company Ateshgah Sigorta has become the tenth in a row financial institution in the Azerbaijan market to gain access to the international system of Green Card.According to the informatio...
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The international agency Fitch Ratingss believes the devaluation of December 21 (48%) will have the most impact on the banking sector of Azerbaijan.According to its experts, the reason is that the cou...
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The pricing policy for food products sold in Azerbaijan will depend on the exchange rate of the manat against foreign currencies and will be determined based on supply and demand. This statement was m...
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Today, December 23, the management of JSC VTB Bank (Azerbaijan) made an explanatory statement about the impact of the inclusion of the bank to the list of organizations that fall under US sector sanct...
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In November, 1,428 new and used vehicles were delivered to Azerbaijan. This is 9.5% more than in October, when 1,304 cars were imported, the lowest figure for at least the past 10 years.According to t...
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Azerbaijani President Ilham Aliyev signed a decree "On some measures in the field of licensing," under which the number of items subject to compulsory licensing has been reduced from 58 to 37. The dec...
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The second wave of devaluation of the manat (100% by 20 February of this year) has affected the cost of train tickets to international destinations.According to CJSC Azerbaijani Railways, the price ch...
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The presidential administration has decided to toughen the penalties for willful and deliberate bankruptcy of enterprises. According to the draft of the new Code of Administrative Violations, the fine...
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The consortium for construction of the Trans Adriatic Pipeline (TAP) gas signed two Engineering, Procurement and Construction (EPA) contracts for construction of the receiving terminal for TAP gas pip...
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The contract between Transneft and State Oil Company of Azerbaijan (SOCAR) envisages that 1.4 million tons of Azerbaijani oil could be pumped via the Baku-Novorossiysk oil pipeline in 2016, Advisor of...
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On December 22, in the city of Tabriz (Iran), there was a trilateral meeting of the representatives of the railways of Iran, Azerbaijan and Georgia.The Head of CJSC Azerbaijani Railways Javid Gurbanov...
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The general meeting of JSC Bank BTB dismissed Jeyhun Pashaly from the post of Chairman of the Supervisory Board and appointed Rza Sadig in his place.Rza Sadig is a shareholder and owns 19% of the shar...
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After the manat was let to "free floating", the instability in the trading network continues, and the prices of a number of foods and other commodities continue to rise.At the same time, prices of the...
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The state of the economy will increasingly depend on restoring the balance between manats and US dollars. But for the indefinite period of time Azerbaijan faces an unstable economy, which will be acco...











