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The Azerbaijani Ministry of Economy has disclosed a basic document containing the main directions of the programs prepared in connection with the state support of various sectors of the economy, including entrepreneurship, their coverage, basic …
A meeting on the situation in the global energy market and its impact on the country's economy was held in Azerbaijan’s Cabinet of Ministers under the chairmanship of Prime Minister Ali Asadov on March 11, Trend reports. …
The poverty level has decreased tenfold in Azerbaijan, the country's Economy Minister Mikayil Jabbarov said at a conference on identifying priority areas of cooperation between Azerbaijan and the UN for the next five …
Developments in Azerbaijan have some implications for the wider region in general
The Central Bank of Azerbaijan has decided to cut the interest rate by 25 points from 7.75% to 7.5%, according to the CBA press service. The lower threshold of the interest rate decreased from 6% to 5.75%, the upper threshold - …
Azerbaijan is the most important economic and trade partner for Russia in the South Caucasus, Azerbaijan’s Deputy Economy Minister Niyazi Safarov said during the 18th meeting of Russia-Azerbaijan intergovernmental economic …
The 18th meeting of the Russia-Azerbaijan intergovernmental commission on economic cooperation is being held in Baku today, the correspondent of Vestnik Kavkaza reported. The meeting is attended by Russian Minister of Economic …
The Azerbaijani parliament approved the law 'On subsistence minimum for 2020' today in the third (final) reading. According to the draft law, the subsistence minimum for 2020 in Azerbaijan will be 190 manat ($111.9), for …
The Azerbaijani parliament approved the bill 'On state budget of the Republic of Azerbaijan for 2020' today at the last reading. The revenues and expenses of the consolidated budget for 2020, as in the submitted bill, are …
The new model was built upon the local conditions and challenges to contribute to the future sustainable development of the country
The bill "On the Azerbaijani state budget for 2020" was discussed at a joint meeting of committees of the Azerbaijani parliament, Trend reports. The state budget revenues in 2020 will amount to over 24.1 billion …
In 2020, along with the oil and gas industry, significant growth of the non-oil sector is also expected in Azerbaijan, the country's Economy Minister Mikail Jabbarov said at the discussion of Azerbaijan’s state budget …
to implement new business ideas
Azerbaijan's Minister of Economy Mikail Jabbarov said that the ministry's most urgent goals are increasing economic activity, as well as encouraging new enterprises and jobs. In this regard, the immediate …
Azerbaijan takes 34th place among 190 countries in Doing Business 2020 rating published by the World Bank. According to the WB report, Azerbaijan made improvements in areas of registering property, getting credit, protecting …
After a four-year decline in the early 1990s, Azerbaijan entered a period of dynamic development
Over the past 16 years, Azerbaijan’s economy has more than tripled, Azerbaijani President Ilham Aliyev said at the 7th Summit of the Cooperation Council of the Turkic-Speaking States (Turkic Council) in Baku on Oct. 15, Trend reports. …
Ali Asadov, whose candidacy was approved for the post of Prime Minister of Azerbaijan at today's plenary meeting of the Milli Majlis (Parliament), expressed appreciation for the trust placed in him. He stressed that …
Implementation of the socio-economic reforms is ensured by the use of modern strategic management mechanisms
The Central Bank of Azerbaijan (CBA) has reduced the discount rate from 8.5% to 8.25%, with the decision to enter into force on July 29, chairman of the CBA Elman Rustamov said at a press conference. According to …
