Economics - 2024
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Nominal monetary revenues in Azerbaijan witnessed a modest increase in January 2024, totaling 5 billion 618.8 million manats, reflecting a 4.5% uptick compared to the same period last year. According...
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The Central Bank of Azerbaijan (CBA) orchestrated a foreign exchange auction on Thursday. During the auction convened on February 13, banks displayed robust demand, purchasing a total of $151.1 mil...
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Baku, Azerbaijan (Reuters) - The State Oil Company of Azerbaijan (SOCAR) has unveiled its strategic vision to transition into a national energy company, committed to delivering affordable, safe, and s...
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Baku, Azerbaijan (Reuters) - The State Tax Service (STS) of Azerbaijan has revealed its comprehensive activity strategy for the period spanning 2024 to 2030, announced STS Chief Orhan Nazarli during t...
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Azerbaijani President Ilham Aliyev has signed the law "On Aviation". The law, which is currently published on the official website of the Head of State, introduces a wide range of regulations aimed at...
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The demand for US dollars in Azerbaijan has surged in recent months, prompting speculation about the underlying factors driving this trend and its potential implications for the country's economy.
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Mikail Jabbarov, the Acting Minister of Economy, chaired his inaugural meeting on February 14 as head of the working group tasked with overseeing the development of the Alat Free Economic Zone (FEZ)....
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Tourism revenues in Georgia in 2023 were at the level of $ 4.1 billion, which was a record figure in history. In 2023, more than 4.6 million foreign tourists visited Georgia.
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Although a share of food in the consumer basket of Azerbaijanis has dropped by 2 percentage points over the year, it still eats up half of all expenditures. According to the State Statistics Comm...








