Economics - 2016
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Azerbaijani Central Bank (CBA) set for 19 July the official rate of the manat against the US dollar at the level of AZN 1.5631/$ 1. On 18 July exchange rate was 1.56 manat / $ 1. For seven wee...
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In view of the two-time devaluation of the national currency the purchasing power of the population of Azerbaijan has increased 1.9%. According to the State Statistics Committee, by 1 July the cou...
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As reported by Turan, last week, the Tariff Council (TC) of Azerbaijan increased retail and wholesale rates for electricity sales. From 15 July the wholesale cost of the sale 1 KW / h is 4.3 kopecks (...
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On July 17, all of JSC AZAL flights to the cities of Turkey and back were restored in a normal mode. Turan was told by the head of the press service of AZAL Pasha Kesamanski. Recall that the delay...
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During 6 months, 2016 proceeds from sale of profitable oil from the Azeri-Chirag-Guneshli (ACG) bloc to the State Oil Fund of Azerbaijan (SOFAZ) totaled $2,305,000,000. “Since 2001 till June 1,...
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In his interview to Financial Times Azerbaijan Finance Minister Samir Sharifov again refuted information that the Azerbaijani officials have asked IMF and WB for financial assistance. He said t...
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A column of combine harvesters crossed the Azerbaijani-Georgian border on July 17 to assist the Georgian grain growers. Within 20-25 days the Azerbaijani grain harvesters will take part in the machine...
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In the first half of 2016 the non-oil-gas sector provided 2 billion 495.4 million AZN to the state budget, which is 78.2% of the tax revenues for the period. According to the Ministry of Taxes, co...



