Economics - 2016
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The Central Bank left the dollar rate on December 19 at the current level - 1,7525AZN. The vast majority of commercial banks still do not sell dollars and euros to the population. Only a small part...
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The Azerbaijani parliament on Friday passed a law "On non-cash transactions," which provides for limits on cash. According to the law, a limit is put on cash payments in the amount of 30,000 manat...
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The Central Bank of Azerbaijan will hold the next deposit auction on December 19. By auction the Central Bank plans to raise AZN 50 million for a period of 14 days, at the weighted average rate of...
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In January-October of this year through the State Service for the management of agricultural projects and credits (GSUSPK) preferential loans worth a total of 18 million 944 thousand manat were grante...
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In January-November 2016 the cost of consumer products compared with last year increased by 12.2%, the State Statistics Committee. The cost of food has increased by 14.1%, non-food products by 16.8%,...
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By 112 votes "for" and three "against", the Milli Majlis adopted on Friday a draft State Budget of Azerbaijan for 2017. The state budget revenues are projected at 15 billion 955 million manat (...
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Moody's Investors Service says that the negative outlook for Azerbaijan's Ba1 rating reflects various prevailing risks to economic growth, due to the adverse effects from the depreciation of the manat...
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The Accounting Chamber has sent to the parliament a report on the results of the audit of the State Agency on Alternative and Renewable Energy Sources. This means that serious violations of financi...
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The International Bank appointed a new CEO, Vasif Ahmadov. He replaced in this post Abbas Nasibov, who resigned as desired. The bank's press service confirmed this information, saying that the...
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The State Veterinary Service under the Ministry of Agriculture adopted a temporary ban on the import of live birds and poultry products from a number of Russian regions on December 14. The decision...
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The state airline CJSC Azerbaijan Airlines (AZAL) announced a New Year Eve campaign on December 15. When you purchase round-trip tickets in the period from 15 December 2016 to 15 January 2017,...









