MP: Transition to ‘full floating rate’ to be sooner or later

For many years, the exchange rate of the manat has been maintained administratively. But the process cannot last long.

21 banks under closing in Azerbaijan

As of 1 January 2022, there were 115,151 loans in banks liquidated by the Azerbaijan Deposit Insurance Fund

Consumer price index for nonfoods increased for December 2021

The State Statistics Committee has published statistics on products whose prices changed for December 2021.

Products that rose in price last month

Food prices observed growth in Azerbaijan for December 2021.

Credit Suisse boss Horta-Osorio resigns

The chairman of global banking giant Credit Suisse, Antonio Horta-Osorio, has resigned

Deficit forms in State Budget of Turkey

Large deficit has formed in the State Budget of Turkey

A department abolished in State Tax Service

A number of changes have been made to the structure of the State Tax Service under the Ministry of Economy of Azerbaijan.

Huawei presents a ‘smart’ school backpack

Huawei has presented another innovation for the first time

Israel, jointly with U.S., to conduct space research

Salary of chief specialist on selection in sports raised up to 1,070 manats

Prime Minister Ali Asadov has amended the Resolution on the establishment of monthly official salaries for chief specialists in selection in the field of sports

World’s richest people doubled their wealth during the pandemic

Oxfam has published the names and fortunes of the richest people in the world

JSCs to be put up for auction

The repeated monetary auction of the State Service on Property Issues will take place at 09:30 am on 22 February

Limits allocated to banks activated

MP: Saving of transfers to Azerbaijan’s Oil Fund observed in 2021

Last year's economic growth also gave grounds for optimistic forecasts for 2022.

Netflix increases its subscription fee

Netflix has increased the subscription fee for the service