Farhad Amirbayov

 Azerbaijan to help small and medium-sized businesses

Azerbaijan to help small and medium-sized businesses

Azerbaijani Deputy Taxes Minister Ilkin Valiyev said that Income tax and value added tax (VAT) rates for small and medium-sized enterprises engaged in production will be reduced in the country. He made the remarks at a …

Azerbaijan determines priorities of economic development

Azerbaijan determines priorities of economic development

The roadmap of the national economy has been approved in Azerbaijan. It focuses on eight sectors: four production sectors (the oil and gas sector, including chemistry, agriculture, consumer goods, as well as heavy industry and mechanical …

Baku put its best foot forward in Davos

Baku put its best foot forward in Davos

The participation in the 46th annual session of the World Economic Forum in Davos was very productive for Azerbaijan: including arrangements with foreign companies and the positioning of the republic in the world market as a whole, Rovshan …

 Central Bank of Azerbaijan switches to floating rate of manat

Central Bank of Azerbaijan switches to floating rate of manat

Azerbaijan has introduced a floating exchange rate of the manat today, the Central Bank of Azerbaijan said. According to the Central Bank, the decision was made taking into account the strengthening of long-term shocks in the foreign economy in …