Economics - 2024
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In Azerbaijan, the status of more than 65,000 commercial entities is inactive. According to the State Tax Service, as of December 1, there were 188,877 registered commercial entities. Of these, 123,68...
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Azerbaijan’s state budget revenues reached AZN 34.06 billion ($20 billion) in January-November 2024, marking a 14.9% year-on-year increase, according to data released by the State Statistics Committee...
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The Ministry of Energy of Azerbaijan has approved its 2025 work plan following a meeting held in hybrid format under the chairmanship of Minister Parviz Shahbazov. The session, which reviewed 2024’s a...
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Azerbaijan's nominal incomes rose by 6.3% year-on-year to 74.67 billion manats ($43.9 billion) in the first 11 months of this year, underscoring steady economic growth and improving household earnings...
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The cost of preparing a traditional New Year's feast in Azerbaijan will rise by 6% this year, reflecting broader inflationary trends in food prices, according to monitoring conducted by the Turan agen...
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On December 17, 2024, the Head of the Republic of Tatarstan of the Russian Federation, Rustam Minnikhanov, visited the Alat Free Economic Zone (FEZ) in Azerbaijan at a time when bilateral cooperation...
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The Customs Business Forum 2024 was held in Baku on December 17, bringing together government officials, business leaders, and international stakeholders to discuss the role of digital technologies in...
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In an attempt to boost medical tourism, Azerbaijan's tax authorities are introducing a value added tax (VAT) refund for foreign citizens and stateless persons receiving paid treatment in Azerbaijani m...







