Economics - 2016
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The Central Bank of Azerbaijan (CBA) announced the official exchange rates on March 11th. Thus, the exchange rate USD/AZN was set at 1.6456. Compared to March 10 fell by 0,014 manat manat, or by m...
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In 2015, Azerbaijan imported 3,096 tons of buckwheat. This is by 8.3% more than in the previous year. Russia accounts for 95% of the imports. According to the State Customs Committee, in 2015 a ki...
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On March 10 the press published the decrees of President Ilham Aliyev on the application of a number of laws on changes in legislation made in connection with the creation of a public legal entity of...
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Azerbaijani President Ilham Aliyev approved amendments to the existing law "On Currency Regulation". According to the innovation, some of the functions of the Central Bank of Azerbaijan, in partic...
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President Ilham Aliyev signed a decree "On additional measures in the field of regulation of land relations." The document provides for the creation of an electronic information system of cadastral...
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State Oil Fund of Azerbaijan (SOFAZ) still did not allocate $696.1 million to fund construction of the first 6th generation of floating semi-submersible drilling rig in Azerbaijan. SOFAZ report...
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From the 37 banks operating in Azerbaijan 16 have not released a financial report on the results of 2015. Of the 21 banks that have reported, 14 completed the year with a profit, and 7 – with a los...
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In 2015, the number of employees in industrial enterprises of Gandja city, the third largest industrial city in Azerbaijan, decreased by 1,279 people. The annual report of the Executive Power of Ga...





