Economics - 2024
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In July 2024, the State Oil Fund of the Republic of Azerbaijan (SOFAR) reported a sharp increase in currency sales, reaching $826.3 million. This figure is three times higher than the $272.7 million r...
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The State Statistics Committee has reported a decline in Azerbaijan's grain production for the first half of 2024, with output totaling 1.96 million tons of grain and legumes, including corn. This rep...
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Azerbaijan's President Ilham Aliyev has issued a decree making significant amendments to existing presidential decrees to align with the new law on payment services and payment systems, effective from...
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Azerbaijani President Ilham Aliyev has approved new regulations governing tourism and recreation zones as part of a broader effort to enhance the sector's infrastructure and investment framework.
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Azerbaijan has initiated the measurement of offshore wind energy potential as part of its strategy for offshore wind energy development. This effort, detailed in the "Strategy for Socio-Economic Devel...
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President Ilham Aliyev approved a law today (July 30) amending the Land Code. According to the amendments, construction of necessary facilities on agricultural land will now be permitted.





