Economics - 2024
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Azerbaijan held a ceremony on Monday to honor entrepreneurs with the prestigious "Dayaq" awards for their contributions to the national economy. The event, organized by the Small and Medium Business D...
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Preliminary data indicates that there are approximately 400,000 illegal constructions in Azerbaijan, according to Rustam Shahbazov, Deputy Chairman of the State Service for Property Issues. Speaking a...
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On December 16, the Milli Majlis (MM, Azerbaijan’s Parliament) approved the state budget for 2025, following a final increase of AZN 40 million in both revenue and expenditure sections. The budget wil...
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The Milli Majlis of Azerbaijan approved significant amendments to the Tax Code during a plenary session on Monday, introducing new tax incentives and stricter regulations aimed at stimulating economic...
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Proven gas reserves in BP projects worldwide have dropped to 3 billion barrels of oil equivalent by 2024, compared to 8 billion barrels in 2019, according to the "Energy Analytics" company.
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The Government of Azerbaijan and the World Bank (WB) are in negotiations over a loan to support the integration of new renewable energy sources (RES) into Azerbaijan's power grid. The total capacity o...





