Economics - 2024
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Azerbaijan's expenditure on servicing its state debt and obligations surged significantly in the first quarter of this year, reaching 1 billion 88 million manats, marking a striking increase of 5.5 ti...
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Electricity production in the Republic of Azerbaijan witnessed a notable decline of 8.1 percent in the first quarter of this year, totaling 7 billion 129.3 million kilowatt-hours, according to officia...
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The Azerbaijani Parliament has greenlit an agreement aimed at curbing double taxation and thwarting tax evasion concerning income taxes between Azerbaijan and Turkey, marking a significant step toward...
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Economy Minister Mikail Jabbarov recently engaged in discussions with Alkis Vriennios Drakinos, the Regional Director of the European Bank for Reconstruction and Development (EBRD) for the Caucasus, a...
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In a bid to accelerate its transition towards sustainable energy solutions, Azerbaijan's Ministry of Energy has announced a groundbreaking auction for the development of a 100-megawatt solar power pla...
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Azerbaijan, a nation nestled at the crossroads of Europe and Asia, is witnessing a surge in population mobility and tourist influx in the initial quarter of 2024, marking a significant uptick in trave...
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The State Oil Fund of the Republic of Azerbaijan (SOFAR) has seen a notable uptick in the share of dollars within its investment portfolio, according to reports released by the fund.
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From January 1, 2025, it will not be allowed to deduct expenses from income that is not processed in accordance with the procedure established by the Tax Code, the State Tax Service under the Ministry...







