GDP per capita in Azerbaijan is AZN 5,806

Over Jan-Oct Azerbaijan’s organizations, enterprises and private entrepreneurs carried out GDP for AZN 56.48 bn.

Finance Minister: Surplus of Azerbaijan’s consolidated budget is 1.2%

Azerbaijan's Finance Minister Samir Sharifov has read out the Draft State Budget for 2018 at the Parliament

Milli Majlis speaker: Azerbaijan to increase investments in economy next year

The Azerbaijani MPs start discussions on the State Budget for 2018.

Tax revenues in Azerbaijan increased by 7 times

The Ministry of Taxes of Azerbaijan has held a regional meeting with officials of the tax departments and offices in the cities of Sumgait, Shirvan, Yevlakh and Gabala.

AZN 10.1 million more financed for water projects in Azerbaijan

Azerbaijani President Ilham Aliyev signed an order on additional measures concerning construction of water mains and facilities on the Absheron Peninsula.

Azerbaijan to introduce new 3-year tax breaks for local manufacturers

The Ministry of Taxes of Azerbaijan has made the fresh proposals to stimulate the domestic production.

Azerbaijan to monitor efficiency of tax incentives

The Ministry of Taxes of Azerbaijan has developed the new amendments to the tax legislation.

Azerbaijan Customs Committee transferred AZN 2.1 bn to State Budget

The State Customs Committee (SCC) of Azerbaijan transferred AZN 2.168 bn to the State Budget for Jan-Oct of the year.

Brazilian FM to make a trip to Baku

Azerbaijani Economy Minister Shahin Mustafayev has received the Ambassador of Brazil to Azerbaijan, Santiago Luis Bento Fernández Alcázar.

Registration for busness-forum and CEO Lunch Tbilisi in process

Registration of participants for the Azerbaijani-Georgian Business Forum, arranged by the Caspian European Club and Caspian American Club, as well as for the third CEO Lunch Tbilisi

Finance Minister: Electricity and water tariffs not to grow in 2018

The Azerbaijani government is not considering the question of increasing tariffs on public utility services in 2018, in particular for electricity and water supply.

Residents to invest $1.85 bn in industrial parks and districts of Azerbaijan

Discussion of State Budget 2018 at Milli Majlis is ongoing.

Azerbaijani government predicts annual GDP growth of 3.5% for next 3 years

The Azerbaijani Parliament continues the discussion of State Budget 2018.

1/3 of Azerbaijan’s budget costs to be directed for social measures

Milli Majlis is ongoing discussions concerning the State Budget 2018.

Finance Minister: Pace of economic recession for 2017 reduced to 0.6%

Azerbaijan's Finance Minister has stated today about the slowdown in economic recession.

Azerbaijan launches debates on Draft State Budget 2018 - RENEWED

Draft State Budget 2018 is today under discussion of the Azerbaijani MPs.

Industrial Corporation founded in Azerbaijan

President Ilham Aliyev has signed a decree on the creation of the Azerbaijan Industrial Corporation (AIC; Azeri acronym ASK).

Improvement of tax administration at foreign companies suggested in Azerbaijan

A session of the Colelgiate Organ of the Ministry of Taxes of Azerbaijan has been held.

Azerbaijani Tax Minister has signed an order on ensuring effectiveness of complaint processing

Tax Minister Fazil Mammadov of Azerbaijan has held a meeting of the Tax Ministry’s Collegiate Organ, devoted to the question of consideration of appeals.

Tax Minister: Azerbaijan needs to improve efficiency of tax administration

Tax Minister Fazil Mammadov of Azerbaijan has held a meeting devoted to the performance of the tax forecasts.

Azerbaijan extends moratorium on business inspection for next 2 years

Azerbaijani President Ilham Aliyev approved the amendments to the Law on Suspension of Inspection in the sphere of Entrepreneurship.