Economics - 2016
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President Ilham Aliyev allocated AZN 6 million for self-employment. Due to the economic crisis, the unemployment rate in Azerbaijan is growing and the government is taking certain measures to promote...
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The Azerbaijan Center of banking certification services has started operation today. According to the information of the Central Bank of Azerbaijan (CBA), the innovation will help to minimize the r...
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According to the updated forecasts of WB, Azerbaijan’s foreign debt to constitute 30.2% of GDP till the end of the year. According to the Azerbaijani government, by early this year the country’...
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Today the State Oil Fund of Azerbaijan (SOFAZ) through an auction organized by the Central Bank of Azerbaijan, has sold another $ 50 million. According to SOFAZ, the same amount was sold at the end of...
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On April 4 the Ministry of Finance approved new forms and details of strict reporting forms (http://goo.gl/nsqoSp), which operate from April 7, according to the Registry of regulatory legal acts T...
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The leader of the March "race" of brokers in the government and corporate securities market (excluding repo operations market) became JSC "Investment company Unicapital", like in February. According...
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JSC Bank BTB announced the withdrawal from circulation and the elimination of 5,600 shares of the total amount of 5.6 million manat. The press service of the bank does not comment on the reduction of...
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According to the decision of the Azerbaijan Cabinet of Ministers No 146 made on April 6, 2016, imported black oil to be used for power generation is exempt from duty. According to the government’...

