In 2024, the economic growth in Azerbaijan made up 4.6%; it is expected that in 2025-2026 this index will make up an average of 3%.This is stated in the UN report ‘World economic situation and prospects 2025’.
Recall that the government forecasts gross domestic product growth of 3.5 % this year and 2.8 % next year.
Besides, the UN stated that the average annual inflation in Azerbaijan in 2024 was 3.7%, in 2025 is expected to be 3.6%, and in 2026 - 3.1%.
Recall that the government forecasts inflation in the country at 4.6% this year and 4% next year.
Finance
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Chairman of the Central Bank of Azerbaijan Taleh Kazimov has met with members of the Azerbaijan Fintech Association.This was reported by the chief banker himself.
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Subscription for ordinary, undocumented, registered shares of ‘Legion Financial’ JSC (provides leasing services) with the code AZ1001025464 ISIN, worth AZN 605, 000 has started today. This is reported by ‘Baku Stock Exchange’ (BSE).
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The Central Bank of Azerbaijan (CBA) has granted 'Tiko Azerbaijan' a licence to operate as an e-money institution.This is reported on the CBA website. The information says that the licence was issued in accordance with the 'Law on Payment Services and Payment Systems'.
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