Economics - 2024
-
In a robust display of maritime activity, Azerbaijan's seaports experienced a substantial surge in cargo transshipment, reaching 13 million 375.6 thousand tons in 2023, signifying a notable 13.8% incr...
-
In 2023, Azerbaijan witnessed a surge in tourism, with a notable influx of visitors from Russia constituting 30% of all foreign arrivals in the country. The total number of tourists from 187 countries...
-
In a bid to bolster domestic production and curb reliance on imports, Azerbaijan's Cabinet of Ministers has approved a list of food products earmarked for a transition from foreign to local alternativ...
-
The long-anticipated merger of two state-owned Internet giants in Azerbaijan, Aztelekom LLC and Baktelecom LLC, has encountered persistent setbacks, casting doubt on the timeline for their amalgamatio...
-
In a remarkable feat, the Heydar Aliyev International Airport in Baku achieved an unprecedented milestone by transporting over 5.85 million passengers in 2023, marking a remarkable 33% increase from t...
-
In a year marked by an average inflation rate of 8.8%, the nominal monetary incomes of the Azerbaijani population surged by almost 13%, totaling 78 billion 50.2 million manats in 2023, according to th...
-
It is planned to launch the use of green certificates in Azerbaijan, which will help reduce the carbon footprint in domestic products. This is a new concept for Azerbaijan. What is a green certific...
-
In 2024, slowing global economic growth and higher financing costs will contribute to an increase in the number of defaults. This is according to S&P Global Ratings, which expects the number of glo...







