Economics - 2024
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Recently, three credit unions in Azerbaijan were removed from the market. The Central Bank (CBA) revoked the licenses of the "Abbas," "Amin," and "Azərmaliyyə" credit unions. As a result, the number o...
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On Tuesday, Azerbaijan Airlines (AZAL) signed an agreement with Spanish company Indra to implement the advanced MANAGAIR air traffic management system as part of the country’s long-term modernization...
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Azerbaijan witnessed a 6.5% decline in the volume of imported vehicles in the first 11 months of 2024 compared to the same period last year. However, the total value of imports surged by nearly 10%, r...
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Azerbaijan's freight and passenger transportation rose by 3.3% and 8%, respectively, in the first 11 months of 2024 compared to the same period last year, according to the State Statistics Committee.
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Azerbaijan has launched the "Fast Pass Card" for users of the Baku-Quba-Russia border toll road, the State Agency for Azerbaijan Highways announced on Monday.
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Azerbaijan’s foreign trade turnover amounted to $43.11 billion during the first 11 months of 2024, reflecting an 8.9% year-on-year decline, according to data released by the State Customs Committee (D...
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Azerbaijan’s annual inflation rate stood at 4.4% in November 2024, marking a steady position within the Central Bank’s target range of 4% ±2%. The Central Bank of Azerbaijan (CBA) highlighted the subd...
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As part of efforts to improve infrastructure and governance in the liberated territories, the Cabinet of Ministers of Azerbaijan adopted a resolution on December 17 to create the "Kalbajar Reconstruct...
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In an effort to boost agricultural productivity, the President of Azerbaijan has approved a series of amendments to the mechanisms of agricultural subsidies. The changes, endorsed by President Ilham A...
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Agricultural production in Azerbaijan saw a modest increase of 1% year-on-year during the January-November 2024 period, reaching a total value of 12.2 billion manat, according to data from the State S...
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Slovak companies "SPP" and Eustream AS, along with groups from Hungary (MOL, MVM), Austria, and Italy, signed a declaration on December 17 in support of extending gas transit through Ukraine into 2025...










