Economics - 2023
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Baku/23.02.23/Turan: The Cabinet of Ministers on February 22 released a decision adopted on February 18 to exempt residents of the Mingachevir High Technology Park from payment of customs duty on impo...
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Baku/23.02.23/Turan: In 2022 Azerbaijan's legal entities created 71,280 new jobs which is up by 3.3% from the previous year, the State Statistics Committee said. However, according to the same source,...
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Baku/23.02. 23/Turan: The year-long Russian-Ukrainian war led to an energy crisis in Europe, which consumed 155 billion cubic meters of Russian gas a year, but in support of Ukraine adopted a package....
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Baku/22.02.23/Turan: "Milla Dairy" Ltd has initiated the seventh elimination of overdue dairy products in its trade network. This time there was revealed 12.5 tons of ice cream unfit for consumption,....
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Baku/22.02.23/Turan: The "Azerbaijan Airlines" launches flights from Ganja to two Russian cities, Moscow and Saint Petersburg, AZAL said on Monday. Flights will be operated weekly, AZAL's press servic...
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Baku/22.02.23/Turan: In 2022 hotels and other guest accommodation facilities earned a total of AZN 58.5 million in book profit on rendered services. The previous year, their costs exceeded revenues by...
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Baku/22.02.23/Turan: The number of operating greenhouse farms in Azerbaijan dropped by 63 units or 2% in 2022, the State Statistics Committee told Turan.As of the beginning of January this year, there...
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Baku/21.02.23/Turan: In January this year, the gross production decreased in two sectors of the economy (industry and transport), according to the State Statistics Committee.According to the calculati...
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Housing prices in Azerbaijan have increased by 8 per cent over the past year. The Central Bank of Azerbaijan's Monetary Policy Review for January-December 2022 provides information on house prices. Th...
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Baku/21.02.23/Turan: "Anglo Asian Mining PLC", a producer of gold, copper and silver in Azerbaijan, announced today that it has completed a preliminary study of mining operations for the Zafar undergr...
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Baku/21.02.23/Turan: In 2022, the customs authorities declared import of 1 million 314.000 mobile phones to Azerbaijan. This is down by 16.9% from the previous year. This is reported in the State Cust...
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Baku/21.02.23/Turan: The State Agency for Use of Mineral Resources (SAUMК) has put up for auction https://bit.ly/3EmBy64 seven non-metallic mineral quarries without the right for private property.Inve...
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Baku/21.02.23/Turan: This January over 1,237 commercial legal entities were registered in Azerbaijan, which is up by 18.9% from January last year.According to the State Tax Service, 13.3% of the compa...
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Baku/21.02.23/Turan: Hungary expects to receive up to 100 million cubic metres of gas from Azerbaijan in 2023; however, the key to solving this complex issue depends on Turkey, as it depends on the fl...
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Baku/20.02.23/Turan: During 2022, tourists spent 17.5 thousand overnight stays in hotels, 10 times more than in the previous year. Foreigners accounted for 14.6% of overnight stays, the State Statisti...
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Baku/20.02.23/Turan: 119.100 foreigners visited Azerbaijan in January which is up by 1.6 times from the same month in 2022, the State Statistics Committee said with the reference to the State Border S...















