Economics - 2016
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In 2017, the cost of living in the country will be increased. According to Turan, the draft law "On Living Wage for 2017" proposed to increase it to 155 manats. For the working-age population livin...
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SOCAR is considering the possibility of building a terminal for oil products in the city of Cotonou of Benin, as well as the implementation of a number of infrastructure projects in West Africa, SO...
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By 1 November construction companies passed 1 million 373.8 thousand square meters of housing (minus 117.2 thousand to January-October of last year). According to the State Statistics Committee of...
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In the ten months of 2016 the volume of GDP in Azerbaijan totaled 49.2 billion manat. The State Statistics Committee estimated decline in production of value added in the economy by 3.7%. Since...
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The Cabinet of Ministers and the State Committee for Property Affairs decided on the list (https://goo.gl/Y6yQ9Y) of enterprises to be privatized in the medium term. The list has 2,859 enterprises...
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The customs office Sinig-Corpu of the State Customs Committee of Azerbaijan has transferred to active mode due to the expected increase in the number of cars driving from Georgia and following to Russ...
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Depositors of 10 closed banks have received compensation of 698 million 890 thousand manat, the Deposit Insurance Fund said. The depositors of OJSC Para Bank were issued AZN 42 million 810 thousan...
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The State Committee for Property Affairs of Azerbaijan has announced an investment competition for sale of 99.22% of the shares (527,447 shares) of JSC Daskesan Filizsaflasdirma, created on the basis...
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On the currency auction held on Thursday USD rose to 1.7089 AZN, as banking circles reported. The auction began with a rate AZN 1.7039 for one dollar. Experts predict that by the end of the...
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T-bills yield volatility continues against the backdrop of the Ministry of Finance needs for cash. This week, the weighted average yield on 182-day T-bills fell from 18.57% to 15.84% per annum. On...
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President Ilham Aliyev signed on November 16 a decree ‘On additional measures to strengthen state support for the development of sericulture and hazelnut growing.’ For the purpose of harvesting an...
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Loss of Bank BTB amounted to AZN 1 million 962 thousand in the third quarter of 2016. Bank BTB has a debt of 34 million 368 thousand manat to CBA. The assets of the bank in the third quarter o...
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Assets of Access Bank in the third quarter of 2016 decreased compared to the beginning of the year by 11.3% (134 million 709 thousand manat), amounting to 1 billion 54 million 88 thousand manat. T...
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During the ten months of this year, goods worth a total of $ 6 billion 958 million were delivered to Azerbaijan, which is $ 237.7 million less than the volume of imports. In previous years, when th...








