Economics - 2024
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in internat...
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts a...
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for R...
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name,...
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In the first half of 2024, geopolitical factors continued to dictate infrastructure development as Russia pushed forward with the western segment of the North-South Transport Corridor, placing special...
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As Azerbaijan navigates a challenging economic transition, the banking sector's stability and strategic changes are drawing significant attention. The first half of 2024 has seen notable developments,...
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Azerbaijan's fuel-energy sector continues to hold a pivotal position within the country's economy, contributing significantly to national income. However, this sector is also grappling with unique cha...
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Azerbaijan's 12-month inflation rate stood at 1.1% in June 2024, according to the State Statistical Committee. The average annual inflation rate for the first half of 2024 was recorded at 0.7%, markin...







