Monetary base rose by 4.2% in March as liquidity expands

Azerbaijan’s government has updated the legal framework for credit guarantees and interest subsidies intended to improve access to finance for businesses operating in territories retaken by Azerbaijan and in regions outside the capital. Cabinet of...

BAKU, Aug 3 — Azerbaijan is introducing new mechanisms to manage its energy-efficiency policy, establish digital monitoring systems and protect public funds allocated to the sector. A decree signed by President Ilham Aliyev and a law adopted by...

Azerbaijan will move the registration of unmanned aircraft and the issuing of flight permits to a single electronic platform, define the responsibilities of state bodies overseeing autonomous transport and digitalise maritime and port services....

New restrictions on incoming card-to-card transfers introduced in Azerbaijan on Aug. 1 are intended to help banks detect suspicious transactions and reduce the use of personal accounts for unregistered commercial activity. However, the absence of...