Samir Sharifov

Azerbaijan to allocate $2.3 bln for restoration of Karabakh

Azerbaijan to allocate $2.3 bln for restoration of Karabakh

At today's meeting of Azerbaijan's Milli Majlis Committee on Economic Policy, Industry and Entrepreneurship the draft Law of Azerbaijan "On the State Budget of Azerbaijan for 2024" has been submitted for discussion. …

Saudi Arabia investing in Karabakh

Saudi Arabia investing in Karabakh

Azerbaijan’s government has already spent more than $4 billion to restore the liberated territories, the Azerbaijani Minister of Finance, co-chair of the intergovernmental commission Samir Sharifov said at the 7th meeting of the Joint …

Azerbaijan's Finance Ministry to protect manat rate

Azerbaijan's Finance Ministry to protect manat rate

The Azerbaijani authorities don't rule out that depreciation of currencies of the neighboring countries and trade partners of Azerbaijan increases impact on manat rate, Azerbaijani Finance Minister Samir Sharifov …

Baku's bid to host World Expo 2025 presented

Baku's bid to host World Expo 2025 presented

A presentation of Baku’s bid to host the World Expo 2025 was held at the 163rd Session of the General Assembly of the Bureau International des Expositions (BIE) in Paris yesterday, the Baku Expo 2025 Operations Secretariat said. …

Financial Stability Council created in Azerbaijan

Financial Stability Council created in Azerbaijan

President Ilham Aliyev has established the Financial Stability Council, abc.az reports. The newly-issued presidential order says that the Council was formed to strengthen macroeconomic stability and financial …

Azerbaijan revises state budget based on $25 per barrel

Azerbaijan revises state budget based on $25 per barrel

The government of Azerbaijan has submitted a new draft state budget for the current year to the president Ilham Aliyev, Azerbaijani Finance Minister Samir Sharifov said. According to him, the base price of oil …

Azerbaijani business will receive additional support

Azerbaijani business will receive additional support

Finance Minister Samir Sharifov said today that additional measures are to be taken in order to support small and medium-sized businesses in the country. The measures will be implemented by the National Entrepreneurship Support Fund under …

Baku expects 10-12% inflation

Baku expects 10-12% inflation

Finance Minister Samir Sharifov said today that the inflation forecasts in the country are at the level of 10-12%.  "It was provided in an updated concept of …

Azerbaijan adjusts its budget

Azerbaijan adjusts its budget

Today Azerbaijani Finance Minister Samir Sharifov informed about the adjustment of the budget forecasts for 2016, based on the price of at least $25 a barrel. Thus, the income part is to …