Economics - 2024
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Licenses are being issued to electronic money and payment organizations in Azerbaijan. This process began at the end of May and is currently ongoing. Some experts believe this will result in the circu...
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President Ilham Aliyev of Azerbaijan has signed a decree establishing the "Restoration, Construction, and Management Service in the Kalbajar Region" — a new public legal entity aimed at facilitating t...
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A roundtable focused on the transition to green energy in Azerbaijan was organized by the Energy Security and Net Zero administration of the United Kingdom of Great Britain and Northern Ireland. The e...
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Azerbaijan produced approximately 14.4 million tons of oil, including condensate, in the first half of 2024, according to the Ministry of Energy. The "Azeri-Chirag-Gunashli" (ACG) fields contributed 8...
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The First National Competition Forum was held in Baku on Wednesday, marking a significant step towards fostering competitive markets and sustainable economic development in Azerbaijan. Mammad Abbasbey...
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In the first half of 2024, Azerbaijan witnessed a notable increase in investments directed towards fixed assets, totaling 7,984.8 million Manats. This represents a 9.4 percent rise compared to the sam...
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In June 2024, consumer prices in Azerbaijan saw modest increases, driven by rising costs in the service sector, the State Statistics Committee said in a report. The Consumer Price Index (CPI) for June...






