Economics - 2023
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Baku/27.09.23/Turan: Next year the government intends to reduce by 19.3% the financing of social expenditures from the state budget.According to the 2024 state budget expenditure forecasts released by...
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Baku/27.09.23//Turan: For the first time in Baku on September 26, an electric bus was put on the route line. According to the Azerbaijan Land Transport Agency (AYNA), a bus with a full battery charge....
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Baku/26.09.23/Turan: The State Committee for Work with Religious Organisations (SCWRO) of Azerbaijan will spend AZN 189,300 on holding religious education events in Georgia. A delegation of the Commit...
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Baku/26.09.23/Turan: The Department of International Relations, Information and Press Service of the State Committee for Refugees and IDPs (SCRIDP) announced on 22 September the cancellation of result...
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Baku/26.09.23/Turan: The Ministry of Finance announced a significant increase in both revenues and expenditures of the state budget for 2024, which will amount to 408.0 million manats, respectively.Th...
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Baku/26.09.23/Turan: On September 23, the Cabinet of Ministers approved the "Form for compiling information and documents submitted to the Financial Monitoring Service of the Republic of Azerbaijan fo...
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Baku/25.09.23/Turan: On September 23, the Cabinet of Ministers approved the number of staff units of the Ministry of Science and Education, its three agencies, as a result of which the total number of...
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Baku/25.09.23/Turan: For eight months of this year "AzerGold"s revenues from export of gold (23,122 ounces) and silver (79,934 ounces) totalled AZN 79 million. This is down by 27% from the comparable....
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In the upcoming fiscal year of 2024, Azerbaijan is expected to witness a decrease in its state budget revenues and expenditures. Projections indicate that revenues will amount to 33.765 billion Manats...
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Baku/25.09.23/Turan: By the end of this year, the Ministry of Economy of Azerbaijan predicts the growth of Gross Domestic Product (GDP) at the level of 1.9%, and next year – 2.4%. At the same time, th...
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Baku/25.09.23/Turan: According to the scenarios of the Ministry of Economy, in 2024 in Azerbaijan consumer prices for goods, as well as for paid services to the population will grow by 5.3%. By the en...
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Baku/25.09.23/Turan: By a government decision dated 23 September, the draft state budget and consolidated budget for 2024, as well as the concept of socio-economic development and forecast indices for...
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Baku/25.09.23//Turan: At the end of last week, the Azerbaijani government approved the draft state budget for 2024 and submitted all the documents included in the budget package to the President of th...
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Baku/25.09.23//Turan: The European Union has once again confirmed its commitment to increase gas imports from Azerbaijan, thereby dispelling rumors about potential sanctions against Azerbaijan. These....
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Baku/22.09.23//Turan: The State Oil Company of Azerbaijan (SOCAR) and the Azerbaijan Investment Company (AIC) plan to become participants in the “Shafag” Solar Power Plant (SEP) construction project i...
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Baku/22.09.23/Turan: The Ministry of Economy granted "Prosys" LLC (TIN: 1401760171) a 40-day period for the development of functionality and technical support of the Portal of Licenses and Permits htt...















