Economics - 2017
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AmCham Azerbaijan organized its monthly members` luncheon featuring participation of Mr. Sahil Babayev, Deputy Minister of Economy. Special guest of the luncheon Mr. Babayev welcomed everybody and...
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7,772 competitive public procurement transactions were carried out in Azerbaijan in 2016, which is 6.8% less than in the previous year, according to the Ministry of Economy. The total amount of pr...
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In 2016, the State Financial Control Service of the Ministry of Finance sent audit materials of several regional education offices to the Prosecutor General, according to a Ministry of Finance report....
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Assets of the «AFB» Bank in 2016 compared to 2015 decreased by 8.284.000 manats, or 2.68%, and totaled 300.446.000 manats. According to Turan, the bank's liabilities during the reporting period d...
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In 2016, the plant for incineration municipal solid wastes "Tamiz Shahar" works below capacity, and nothing is reported about the reasons. As a result of the burning of 467 139 tons of household was...
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In 2016, the state monopoly on lotteries, the JSC "Azerlotereya", has sold over 29 million lottery tickets (including 121.7 thousand e-lotteries), by 7.9% more than in the previous year, said the Mini...
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In the foreign exchange auction on Thursday dollar fell slightly, and amounted to 1.9111 manat per dollar, according to a Central Bank report. The rate at the previous auction was 1.92 manat per do...
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Investment competition for sale of 99.22% shares of the Dashkesan ore-dressing plant failed again. Investors have shown interest in this company, for the development of which the state requires to...
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Fitch Ratings-Moscow-01 February 2017: Fitch Ratings has downgraded Azerbaijan-based AccessBank's Viability Rating (VR) to 'f' from 'b+'. At the same time the agency has affirmed the bank's Long-Term...
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In January 2017 the State Oil Fund sold the foreign exchange auction of the Central Bank of Azerbaijan 285 million dollars. In 2016 the State Oil Fund sld at the auctions$4.9 billion, by 37,5% less...


