Industrial production in Azerbaijan grows by 2%

Industrial production in Azerbaijan increased by AZN 35.6 bn or 2% for Jan-Sept 2018 versus to the 2017 same term

Since early 2018 entrepreneurs in Azerbaijan received subsidized loans from state for AZN 117.3 million

The National Entrepreneurship Support Fund of the Ministry of Economy of Azerbaijan continues giving subsidized loans to entrepreneurs on the new rules

Inflation in Azerbaijan for past 3 quarters made up almost 3%

Azerbaijan’s inflation rate made up 2.6% over Jan-Sept of 2018.

Azerbaijan to reduce tax burden of employees

The Ministry of Taxes of Azerbaijan is likely to improve the tax legislation with the purpose to improve the situation for entrepreneurs

Tax Minister Mikayil Jabbarov: Nonoil sector turnover rises up to AZN 44 bn

The Ministry of Taxes of Azerbaijan reports about growth of trade turnover in the country as a result of the expansion of the tax base

Tax Minister: Azerbaijan observes rise in revenues on all types of taxes from nonoil sector

Tax Minister Mikayil Jabbarov of Azerbaijan delivered speech at Cabinet Ministers’ meeting devoted to the results of socio-economic development for Jan-Sept of 2018 and the upcoming tasks

Azerbaijan’s head: Economy growth in our country is result of policy of industrialization

A meeting of the Cabinet Ministers chaired by Azerbaijani President Ilham Aliyev was conducted on the results of socio-economic development for the past 9 months

German-Azerbaijani initiative in Energy and ICT sectors presents new opportunities

German-Azerbaijani initiative in Energy and ICT sectors presents new opportunities

Azerbaijan’s Economy Minister met with Secretary General of Turkic-Speaking States Cooperation Council

Azerbaijan’s Economy Minister met with Secretary General of Turkic-Speaking States Cooperation Council

Azerbaijan and Italy develop action plan on nonoil cooperation

Azerbaijani Economy Minister Shahin Mustafayev has received Italian ambassador Augusto Massarini

Azeri-Swiss Economic Cooperation Commission to hold its 8th session in 2019

President of the Azerbaijan National Confederation of Entrepreneurs (Employers) (ASK) Mammad Musayev has received ambassador Philippe Stalder of Switzerland

Azerbaijan’s Cabinet endorsed draft budget and consolidated budget for 2019

By Decision #412 the Cabinet Ministers of Azerbaijan approved the draft state and consolidated budget for 2019 and the consolidated budget for the next 3 years

Maxim Oreshkin to come to Baku for participation in Russian-Azerbaijani Interregional Forum

Economic Development Minister Maxim Oreshkin of Russia and Economy Minister Shahin Mustafayev of Azerbaijan will take part in the 9th Russian-Azerbaijani Interregional Forum.

Asphalt-Concrete Plant Complex commissioned in Nakhchivan

Asphalt-Concrete Plant Complex commissioned in Nakhchivan

Solemn meeting devoted to 100th anniversary of Milli Majlis continues its work

Solemn meeting devoted to 100th anniversary of Milli Majlis continues its work

A meeting with ADB delegates held at Agriculture Ministry

A meeting with ADB delegates held at Agriculture Ministry

President Ilham Aliyev inaugurated Bilasuvar Youth House/Photo

President Ilham Aliyev inaugurated Bilasuvar Youth House

President Ilham Aliyev attended opening of Masalli-Nematlari LLC`s rice plant

President Ilham Aliyev attended opening of Masalli-Nematlari LLC`s rice plant

President Ilham Aliyev attended opening of Masalli Industrial Park/Photo

President Ilham Aliyev attended opening of Masalli Industrial Park

Azerbaijan lowers gold production for Jan-Aug 2018

For the past 8 months of the year Azerbaijan produced 2,802.2 kg of gold (28.8% less than for the 2017 same term).

Azerbaijan’s GDP growth made up 0.7% for Jan-Aug 2018

Over Jan-Aug 2018 Azerbaijan’s GDP amounted to AZN 50.5 bn that makes up 0.7% more versus the 2017 same term indicator