Azerbaijan sharply increased state budget surplus

Bank Respublika and EBRD Offer Cashback to Entrepreneurs Taking Green Loans! Baku, November 20, 2024. During the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), Bank Respublika, one of the largest commercial banks in the country, and the European Bank for Reconstruction and Development (EBRD) signed a loan agreement to finance green projects in Azerbaijan. The loan was provided in cooperation with the European Union as part of the Competitiveness and Inclusion Program for SMEs in the Eastern Partnership countries.

USD 1,7 EUR 1,7995

From 2025, the minimum wage in Azerbaijan will be AZN 400, and the minimum pension - 280.

In January-October 2024, receipts on contributions to compulsory medical insurance in Azerbaijan totalled AZN 829.4 million.This was reported by the State Tax Service under the Ministry of Economy.