Economics - 2024
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In November, the State Tax Service fined 608 entrepreneurs who received payments for goods and services from clients' bank cards directly to their personal bank cards. Similar reports of fines for car...
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Azerbaijan has undertaken significant regulatory reforms to advance its digital and transport sectors, President Ilham Aliyev announced on Thursday, signing a decree amending the regulations governing...
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The Ministry of Agriculture of Azerbaijan has announced the return of its renowned fair, "From Village to City," which will take place from December 21 to 30 in Baku. The event, held in the Narimanov...
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From December 1, 2024, the State Oil Company of the Azerbaijan Republic (SOCAR) has commenced gas deliveries to Slovakia under an agreement reached in November with SPP, Slovakia's state-owned energy...
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Azerbaijan is set to witness a surge in beer production over the next four years, according to government forecasts for 2025-2028. The projected rise underscores the country’s shift toward boosting it...
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The Azerbaijani government has included a pessimistic forecast for the decline in hydrocarbon production in the country from 2025 to 2028 in the budget package of documents submitted for parliamentary...
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Azerbaijan has experienced steady growth in the steel production sector, with significant increases recorded in the first half of 2024, according to the State Statistics Committee. In the metallurgica...
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Azerbaijan’s aluminum production surged by 65.7% in the first nine months of 2024, reaching 47,435.3 tons, compared to the same period last year, according to official data. The sharp increase is attr...
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According to official data, cement production in Azerbaijan has shown steady growth, reaching 3.421 million tons from January to October 2024, an increase of 11.2% compared to the same period in 2023.








