Economics - 2016
-
The Azerbaijani Central Bank announced the official exchange rate of US dollar for 21 January in respect to manat - 1 USD = 1,6028 AZN. Thus, the Central Bank left unchanged the current course. The...
-
The head of the Central Bank Elman Rustamov, speaking in parliament, said about the capability of CBA and the government to prevent surges of the manat and maintain macroeconomic stability. At the...
-
Today Milli Majlis made amendments to the Law of AR "On public procurements" to support businesses. The change involves a 20% privilege to suppliers of domestic goods and services in the evaluatio...
-
The number of local insurers, who have the right to provide services for CTP insurance, has reached 12. This was made possible after the Ministry of Finance restored the license of the company Alf...
-
In 2015 in Azerbaijan there were privatized 685 small enterprises and facilities (including vehicles). This was reported at the 18 January meeting of the Board of the State Committee for Property A...
-
The local life insurance company PASHA Hayat Sigorta gathered 54 million 526 thousand manat of premiums last year (+30% or 12 million 623 thousand for the fiscal cycle). As stated in the press rel...
-
From the 1st of February tax breaks on interest income from deposits of individuals in banks, dividends on investment securities, a discount (the difference resulting from the placement of bonds below...
-
In 2015 Azerbaijan registered the rights to 191 thousand units of real estate. This is 7% less than in the previous year, said the State Committee for Property Affairs. The reasons for the decl...
-
At an extraordinary session of parliament on January 19 it is expected to adopt changes and amendments to several legislative acts to restrict the export of currency from the country. This was announc...



