Tax and VAT benefits to be applied in connection with COP29

Azerbaijan to introduce incentives for individuals rendering services within upcoming COP29 in Baku in November.

A company that earned only 145 manats in a year - Report

Imishli Avtonagliat OJSC announced the balance sheet results for 2023.

State Budget revenues increased

Mikayil Jabbarov met with Deputy PM of Ethiopia

Economy Minister Mikayil Jabbarov met with Deputy Prime Minister of the Federal Democratic Republic of Ethiopia Temesgen Tirune Dinku.

In April, inflation in U.S. fell to 3.4% year-on-year

Consumer prices in the U.S. increased by 3.4% year-on-year in April.

EBRD lowers Türkiye's growth forecast for 2024

The EBRD has reduced Türkiye's growth forecast for 2024 from 3% to 2.7%.

EBRD improves forecast of economic growth on Azerbaijan in 2024

The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Azerbaijan’s economic growth to 3.1 percent in 2024 (from the 2.4 percent it forecast last year) as inflationary pressures subside

Rate of registered taxpayers in Nakhchivan increased by 11.5%

The Nakhchivan Autonomous Republic registered 2,161 new taxpayers for Jan-Apr 2024.

ING forecasts inflation to decrease sharply in Azerbaijan this year

ING (Internationale Nederlanden Groep), the international banking and financial services corporation of the Netherlands, has decreased sharply the inflation forecast for Azerbaijan.

Commercial oil production dropped by 5.7%

Our country’s commercial oil production in the mining sector decreased by 5.7%, while commercial gas production increased by 4.3% for Jan-Apr 2024.

Production in oil & gas sector decreased by 0.2% — Report

Azerbaijan has reported on annual inflation

The consumer price index for Jan-Apr of this year made up 100.7% compared with Jan-Apr 2023, including 99.3% for food, beverages and tobacco products, 101.3% for non-food products, 102.4% for paid services provided to the population.

Ventilation systems to be produced in Agdam

Metkons LLC was registered as a resident of the Agdam Industrial Park in April 2022.

STP authorized capital increased by 2.7%

The authorized capital of Sumgait Technological Park LLC (STP) was slightly increased and exceeded 400 million manats.

How to get an extract for a land plot with municipal documents? - Video

There are land plots with municipal documents, which are not risky to buy. But at this time it is very important to pay attention to some points.

Well-known plant in Azerbaijan continued to operate at a loss – Report

Bakı Polad Burazlar OJSC has published its financial statements for 2023.

List of countries with the highest inflation

The ranking of the countries with the highest inflation has been published.

Mikayil Jabbarov voiced the priorities of Azerbaijani economy

Our main goal is to diversify the economy.

Blurred Stories and other features have appeared on Instagram

Taleh Kazimov: By end of 2024, GDP growth in Azerbaijan to be 3.5-4%

The Central Bank of Azerbaijan forecasts GDP growth of 3.5-4% this year.

Annual inflation in 2025 - Forecast