Economics - 2024
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On December 10, President Ilham Aliyev of Azerbaijan has signed a decree amending the 2014 presidential order on the management of the Shah Deniz Phase 2 gas-condensate field and Southern Gas Corridor...
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In the period from January to November 2024, Azerbaijan's exports not related to oil and gas increased by 1.9% compared to the same period in 2023, reaching a total value of $3.1 billion. This growth,...
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In a significant step towards fostering cashless transactions, Azerbaijan has extended its innovative "Return VAT" program to include real estate purchases. Between January and November 2024, citizens...
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Entrepreneurs operating in markets across Azerbaijan will be required to register for taxation. Failure to do so will result in a financial penalty of 2,000 manat for each unregistered entrepreneur, i...
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Azerbaijan’s government is open to the possibility of raising external borrowing volumes within the country’s $10 billion debt ceiling by 2030, according to an informed source in the government, speak...
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In a year marked by shifts in agricultural fortunes, Azerbaijan reported a significant increase in cotton exports for the first eleven months of 2024. According to the Ministry of Agriculture, the cou...





