Economics - 2024
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On Wednesday, Baku hosted a high-profile conference titled “The Role of Water Management Systems in Climate-Resistant Agriculture: COP29.” The event was organized as part of Azerbaijan’s "Year of Soli...
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The State Committee for Urban Planning and Architecture is involved in the construction and restoration of cities and villages in Karabakh and other regions of Azerbaijan. Announcements of tenders and...
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Ukraine has firmly stated that it will not renew its gas transit agreement with Russia when it expires at the end of 2024. However, in a move to maintain its position as a key energy transit country,...
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President Ilham Aliyev of Azerbaijan issued a decree on Monday establishing a new state agency to oversee antimonopoly and consumer market control, signaling further efforts to strengthen regulatory o...
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Azerbaijan's foreign debt has decreased, while its domestic debt has increased. As of July 1, 2024, the foreign debt stood at 5.3613 billion USD. This marks a decrease of 1.0999 billion USD, or 17%...
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In a notable shift in Azerbaijan’s fiscal space, the country’s domestic public debt has soared, rising 3.3 times in the first half of 2024 compared to the same period last year. By mid-year, the debt...
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The Federation of Chambers of Commerce of the Gulf Cooperation Council (GCC) will organize the second Economic Forum "Gulf-Azerbaijan" in Baku on September 25-26, aiming to strengthen trade relations...
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For the first time since the onset of Russia's full-scale war against Ukraine, Russian President Vladimir Putin has made an official state visit to Baku, underscoring a renewed focus on strengthening...
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Azerbaijan's GDP per capita sharply increased by 14.2% in the first half of 2024, reaching $4,068, according to the country's latest economic data. This surge occurred against the backdrop of steady n...
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The 2nd meeting of the Azerbaijani-Tajik working group on agriculture was held in Baku, bringing together officials and industry representatives from both countries to explore potential avenues for in...
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In recent decades, Azerbaijan has seen its population steadily increase, with 2024 marking yet another year of modest growth. As of June 1, 2024, the country's population has reached 10,197,146, a ris...
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BAKU, Aug 26 (Reuters) - Azerbaijan's exports of vegetables and fruits declined by 7.1% in physical terms and 4.0% in value during the first seven months of 2024 compared to the same period last year,...
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BAKU, Aug 26 (Reuters) - Azerbaijan's external debt decreased by $1.1 billion in the first six months of 2024, bringing the total to $5.36 billion, according to official data. As of January 1, the deb...
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Imports of milk and cream into Azerbaijan rose by 11.8% in physical terms, while imports of butter and other dairy fats surged by 64.7% in the first seven months of 2024, according to data from the St...
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Azerbaijan's Cabinet of Ministers has issued a series of amendments to the "Model Regulations for Industrial Zones" initially approved in May 2015. The changes aim to enhance the management and operat...
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Azerbaijan's wheat production has taken a downturn in 2024, despite concerted efforts to enhance self-sufficiency. According to the State Statistics Committee's report on August 15, 98.3% of the winte...















