Economics - 2024
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The 12th International Caspian Energy Forum commenced today in Baku, organized by the Caspian Energy Club in collaboration with Enermus, bringing together over 500 delegates from across the Caspian-Bl...
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The World Bank has recommended that Azerbaijan cut subsidies in its water sector to enhance system sustainability and address the escalating issue of water scarcity, Stephanie Stollmeister, Manager of...
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Last week, the Central Bank of Russia raised the interest rate from 18% to 19% annually. The decision to increase the rate was made against the backdrop of rising inflation expectations among the publ...
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Azerbaijan’s Cabinet of Ministers has announced a detailed timeline for the mandatory transition of labor contracts to an electronic document format, in accordance with a decree issued by the Presiden...
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In the Karabakh economic region, there is a transformative push towards revitalizing agriculture through the creation of agroparks, the most notable of which is the "DOST Agropark," inaugurated in Zan...
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The Ministry of Finance of Azerbaijan predicts that the consolidated budget revenues for 2025 will reach 44,371.4 million manats (approximately $26.1 billion), while expenditures are expected to amoun...
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The Central Bank of Azerbaijan (CBA) aims to keep inflation within the target range of 4±2%, forecasting a rate of 5.4% for 2024 and a slight increase to 5.5% in 2025. This cautious forecast reflects...






