Economics - 2024
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Azerbaijan has seen an exponential rise in its supply of petroleum products to the European Union (EU) during January 2024. The figures released by the statistical Office of the European Union (Eurost...
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The Land Transport Agency has raised prices of underground parking in central Baku, putting car owners in a dilemma: to come to the centre in their own car, or to switch to overloaded public transport...
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Azerbaijan is grappling with a concerning downturn in its livestock sector, as recent data from the State Statistics Committee (SSC) reveals a notable decrease in the country's cattle population. The...
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Operational data for January and February 2024 indicate an increase in electricity production in Azerbaijan. The total volume of electricity production in these two months increased by 5.7% to 4,686.4...
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Insignificant rise in interest rates on notes of the Central Bank of Azerbaijan has been recorded recently. Thus, interest rates, which declined some time ago, started to rise again since 8 February....
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As a result of the auction on March 19, the Central Bank of Azerbaijan (CBA) fully satisfied the demand of banks in the amount of $ 93 million at a weighted average exchange rate of 1.7 manats per dol...
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The Central Bank of Azerbaijan (CBA) organized a foreign exchange auction on Tuesday, at which $ 93 million was provided to banks for purchase, which fully satisfied the demand, which was exactly this...
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The seaports of Azerbaijan noted a significant increase in cargo transshipment volumes in the first two months of 2024, recording an increase of 30.3% compared to the same period of the previous year....
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According to the latest data published by the State Customs Committee (SCC), the positive balance of Azerbaijan's foreign trade in January-February 2024 reached 2 billion 333 million 333.39 thousand d...
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In the energy sector of Azerbaijan, electricity production increased by 5.7% during the first two months of 2024 compared to the same period of the previous year. According to the latest data publishe...
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In the first two months of 2024, Azerbaijan saw a marked increase in freight traffic by various modes of transport, reflecting the country's expanding logistical capabilities and its growing role in r...
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In a strategic move to diversify its oil export routes and enhance its position in the global oil market, Kazakhstan, through KazTransOil (KTO), has significantly increased its oil exports via the Bak...
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The real estate market of Azerbaijan in the first two months of 2024 was marked by significant activity, shedding light on the preferences and trends prevailing in the field of real estate ownership a...
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According to the Ministry of Agriculture of Azerbaijan, in the first two months of 2024, exports of agricultural products increased by 20% and reached $ 186.7 million. A key aspect missing from off...
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In the dynamically developing field of construction and infrastructure, the growth in the construction materials sector continues, as evidenced by the latest statistics published by the State Statisti...
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In a significant step towards fostering economic collaboration and bolstering regional ties, the inaugural B5+1 Forum took place in Almaty, Kazakhstan, from March 13-15, 2024. The event, attended by g...















