Economics - 2016
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Azerbaijani Central Bank announced the rate of dollar to manat at the weekend, and on Monday 22 August. According to Turan, the dollar remains at current levels - 1.6204 AZN. The high price of US...
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The SOCAR project on construction of a gas power plant in Malta will work until the end of the year. It is expected that at the end of the year the first phase of the project will start. Accord...
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At the customs post Sinig Corpu in the Tovuz region of Azerbaijan the law enforcers detained a large consignment of contraband cigarettes and vodka, according to the Customs Committee. Accordin...
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Proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable gas from the field Shah Deniz in January-July 2016 amounted to $ 64 million. Note that for the second month the...
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Issuance of compensation to depositors of Qafqaz Inkishaf Bank and Atra Bank will begin from August 22, said the report of Azerbaijan Deposit Insurance Fund. The compensation will be issued by...
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The Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said cooperation with Japanese entrepreneurs is promising. At today's meeting with Japanese businessmen the business and investm...
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The list of electronic services provided by the authorities to the public has been expanded. The Azerbaijani Cabinet of Ministers made amendments to the "Rules of the central bodies of executive power...
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Sales of Baltika-Baku in the first half of 2016 decreased by 25% compared to the same period last year, the company said in a report for the current period. The company believes this was caused...
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The liquidator for the failed banks Qafqaz Inkishaf Banki and Atra Bank has been appointed. As reported by Turan with reference to the Fund, on August 16, Baku Administrative-Economic Court declare...
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The Financial Markets Control House, as a "lightning rod" of the crisis, is unable to influence the situation, which was shown by the meeting of the Chairman of its Board of Directors Rufat Aslanli...
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The Tariff (Price) Council of Azerbaijan warned the pharmacists that drugs should be sold at fixed prices, which cannot increase without a corresponding solution of the Council. In fact, prices...
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Application of the Tax Free system at all the border checkpoints of Azerbaijan requires appropriate amendments to the legislation. As reported by Turan, this was stated in an interview with the...
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In the next 3-4 days Azerbaijan will import gasoline AI-92 in the amount of 4 million tons, said the State Oil Company of Azerbaijan (SOCAR). According to Turan, the need for imports of gasolin...











