Economics - 2016
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The December 27 Baku Stock Exchange auction on placement of state T-bills for a period of 1 year recorded a record level of profitability - 20.99% per annum. The BSE informs that the volume of ord...
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A decree of the President of Azerbaijan formed the Tourism Council, the head of which is the Minister of Culture and Tourism Abulfas Garayev. Members of the Council are the head of ASAN Khidmet In...
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The Ministry of Agriculture reported on the revealed theft of money due to the farmers of the Zardab region. The fact was revealed due to the complaint by the farmer Shahla Ismayilova, whom the Zardab...
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From December 29, high-speed train Nakhchivan-Mashhad-Nakhchivan will be operational. To carry out transportation of passengers the train will run twice a week - on Thursday and Sunday. This inform...
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President Ilham Aliyev signed a decree on application of the Law "On State Budget of Azerbaijan for 2017". It defines, among other expenses, the maintenance of the executive and legislative branch...
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If you perform calculations on the normal indicators, the cost of living has to be two times higher than the current one, the economist Natig Jafarli said. He noted that the current system of l...
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Next year, the capital of OJSC International Bank of Azerbaijan will be raised. This step is provided by the decree of the President of Azerbaijan about the application of the law "On State Budget for...
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President Ilham Aliyev approved the law on the state budget for 2017, adopted by the Parliament on 16 December. The state budget expenditures will fall by more than 10% compared to the 2016 foreca...
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Today Baku hosts the 11th meeting of the Azerbaijani-Iranian state commission on cooperation in economic, trade and humanitarian spheres. The work of the commission is attended by the Minister of Comm...
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At the December 27 auction the State Committee for Property Affairs (SCPA) sold 20 state-owned assets, the SCPA press service reported. The sale of a car, as well as the shares of one of the regio...
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President Ilham Aliyev signed on December 23 a decree amending the Regulation on turnover of goods subject to marking with excise stamps. The document provides for cash payment in the purchase of a...
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On the foreign exchange auction of the Central Bank of Azerbaijan, the US dollar rose. The auction began with the rate of AZN 1.7622 and finished with AZN 1.7662 per USD dollar. Commercial banks f...
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The manat still has not found its real exchange rate and the Central Bank has lost another year, the economist Gubad Ibadoglu said. The expert told Turan that in this regard, "disease" of the manat ha...
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JSC Italdesign, which was led by the current Minister of Youth and Sports Azad Rahimov until 2006, announced the consolidated financial statements for 2015. This is the first step of the company for t...
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In Azerbaijan, the annual interest rates of bank deposits has not yet stabilized. For last month 8 commercial banks again revised their interest on deposits. The changes mainly occurred in the clas...
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On 1 january in Azerbaijan will begin a tax amnesty, which affect more than 42.000 people. At the briefing the Head of the Tax Crimes Analysis of the Ministry of Taxes Zeynalabdin Mammadzade said...









