Finance
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There is additional potential in Azerbaijan associated with budget receipts from leasing of state property.
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In 2025, AZN 1,162.6 million is forecasted to be allocated from the state budget to 56 public legal entities in Azerbaijan.
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Azerbaijan has set a limit of AZN 2 billion on domestic borrowing, AZN 3.5 billion on external borrowing and AZN 2 billion on state guarantees in 2025, but no justification has been provided.
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In 2025, Azerbaijan is forecasted to pay AZN 1,321.2 million in subsidies from the state budget in 46 directions.
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'Qala Insurance' company has won an open tender for voluntary medical insurance of 'Aztelekom', which is subordinate to the Ministry of Digital Development and Transport. This is reported on the unifi...
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'Rabitabank' will hold an extraordinary general meeting of shareholders on 27 December at 17:00. The bank announced this in the official press.
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'Pasha Insurance' company has won an open tender for voluntary car insurance of the Energy Regulatory Agency under the Ministry of Energy. This is reported on the unified internet portal of public pro...
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In 2025, the Azerbaijan's state budget earnings from oil and gas sector will be by about 750 million manats less than in 2024.
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In 2025, the Azerbaijani government will consider raising salaries of employees of the Interior Ministry (police). This was stated by Finance Minister Samir Sharifov in Milli Majlis on 19 November.
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The State Oil Company (SOCAR) was supposed to pay dividends worth AZN 200 million in 2023 and AZN 408 million in 2024, but failed to fulfil this obligation.
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In January-October 2024, the population of Azerbaijan earned a nominal income of AZN 68,097.2 million. This is reported by the State Statistics Committee.
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The Baku Stock Exchange (BSE) has completed an auction on placement of interest-bearing, unsecured, undocumented, registered bonds of non-banking credit organisation 'Falcon Finance' under the code AZ...
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Based on observations conducted by the Central Bank of Azerbaijan (CBA) and received appeals, there are cases of providing consumers of financial services with inaccurate information using forged docu...
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The Central Bank of Azerbaijan has fined the state-owned International Bank of Azerbaijan AZN 272,344.