Economics - 2016
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For the first time over the three months, the Central Bank of Azerbaijan has significantly increased the rate of manat. According to the official exchange rate from September 10 to 14 inclusive th...
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The US Trade Department in partnership with the World Alliance of Refrigerated Warehouses in order to improve efficiency in Azerbaijan’s agricultural sector will help in improving its economic output....
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Even if the State Oil Fund (SOFAZ) and the Central Bank in a single auction fully meet the needs of commercial banks for foreign currency, it will have a short-term effect, experts say. So, sta...
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As of September 1, 37.6% of the Baku respondents do not trust any bank of Azerbaijan, according to the survey conducted by Business Insight. The survey conducted among 702 residents shows that,...
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The Accounting Chamber of Azerbaijan started to publish excerpts from the audit. Thus, under Article 5.7 of the National Plan of Action for the Promotion of Open Government in 2016-18 they publishe...
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The State Commission on Agricultural Subsidies decided to provide grants totaling 4 million 628.5 thousand manats to four selling organizations. According to the Commission, the grants were receiv...
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Azerbaijan plans to encourage the provision of information on corruption. Today's meeting of the Legal Policy and State Building Committee of the Milli Majlis discussed the possibility of addin...
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The Financial Markets Supervision House decided to close four branches of Nikoil Bank. The reason for the closure was a violation of the ‘rules of healthy lending and law in cash transactions, as w...
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. Despite the fact that the State Oil Fund and the Central Bank of Azerbaijan on 8 September sold 300 million USD from the foreign exchange auction, it has not become easier to buy the currency at...
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The State Commission for Agricultural Subsidies under the chairmanship of the Deputy Minister of Agriculture, Ilham Guliyev, on September 8 decided to provide subsidies to farmers. The subsidy amounte...
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The volume of oil production from the block Azeri-Chirag-Guneshli (ACG) for 2017 has not been determined, the President of BP for Azerbaijan, Georgia and Turkey, Gordon Birrell, told reporters....
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77% of the preparations for the supply of the first Azerbaijani gas within the second stage of the gas condensate field development project Shah Deniz in 2018 are ready, the Regional President of B...
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On the basis of the letter of the Financial Markets Supervision House (FMSH), the insurance company Alfa Sigorta has been deleted from the register of Compulsory Insurance Bureau and the Green Card...
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The revenues of the insurance company Revan Sigorta for the first half of 2016 amounted to 968,529 manats. The company's assets decreased by 430,732 manats from the beginning of the year (2.4%)...
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The assets of the insurance company Buta Sigorta in the first half of the year amounted to 10 million 775.838 thousand manats, decreasing since the beginning of the year by 17.1% (2 million 237.789 th...








