How did economic growth occurred in Turkic states?

The Turkic Economic Review for the 1st quarter of 2024 has been published.

Economic growth of Turkic states averaged 4.9%

Competition Code enters into force

UK’s GDP grew by 0.7% for Q1

The UK economy grew by 0.7% in the 1st quarter of 2024 compared with the previous 3 months.

Double taxation between Azerbaijan and Kyrgyzstan abolished

Minister: The best conditions for doing business created for entrepreneurs

Currently, very good conditions are being created in Azerbaijan for entrepreneurs to do business.

Economy Minister: Concessions are applied for entrepreneurs in liberated lands

The Aghdam Industrial Park is the second-largest industrial park in Azerbaijan, after the Sumgayit Chemical Industrial Park, based on the number of residents.

Various producers begin operating in Aghdam Industrial Park soon

In the near future, various production enterprises will start operating in the Aghdam Industrial Park.

List of the best–selling smartphones in 1st quarter of 2024

The best-selling smartphones in the first quarter of 2024 have been announced.

Crop area of peas has increased in this district

This year, the crop area of peas in Jalilabad district has been significantly increased

President appoints deputy head of Tax Service

Emil Garayev has been appointed deputy head of the State Tax Service (under the Ministry of Economy).

New appointment at Economic Zones Development Agency

Kamran Rahimli has been appointed the head of the Resident Support Department at the Economic Zones Development Agency.

Inflation in Japan accelerated up to 2.8% in May

Consumer prices in Japan rose 2.8% year-on-year in May, ABC.AZ reports, referring to the Japanese Ministry of Internal Affairs & Communications.

Presidency of IOTA for 2024-2025 entrusted to Azerbaijan

An administrative session was held in Budapest, the capital of Hungary, within the framework of the 28th General Assembly of the Intra-European Organisation of Tax Administrations

Azerbaijan expands list of VAT-exempt legal entities of public law

President Ilham Aliyev has amended the List of legal entities of public law, exempted from VAT for provision of works and services at the expense of State Budget finances, approved by decree from July 30, 2020.

Inflation in Europe may accelerate again

Inflation in Europe may temporarily accelerate again.

Azerbaijan allows more opportunities for UK’s gold mining company

GDP production in Azerbaijan has grown in 5 months

Over Jan-May 2024, the country produced GDP for 48.26 bn manats ($28.25 bn).

There are already more than 24,000 taxpayers in Karabakh

The Karabakh Main Territorial Tax Department of the State Tax Service held a meeting with taxpayers engaged in business activities in the area in Guzanli village of Aghdam district.

A new industrial zone under creation in Nakhchivan

Industrial zones are created taking into account geographical criteria and other factors.

Population bought gasoline and diesel fuel for 1.25 bn manats