The Central Bank of Azerbaijan (CBA) held a foreign exchange auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ), during which Azerbaijani banks acquired $60.5 million, Trend reports citing CBA. …
Despite the fact that the Azerbaijani economy is facing difficulties during the COVID-19 pandemic, the negative impact of the pandemic on the structure of the country's national economy is minimal, Minister of Economy Mikayil Jabbarov …
Economists and entrepreneurs have a lot to learn from public management in this territory of Azerbaijan
The news speaks about flattening the curve and reductions in Coronavirus detected cases the world over. Often the media mentions flattening the curve in the United States, European countries, even Israel. In an article published by …
In connection with the coronavirus pandemic in Azerbaijan, in the first month, the state paid 38,491,000 manats to 21,432 employers who had previously applied for help, the Minister of Economy Mikail Jabbarov announced at a briefing by the …
The Ministry of Economy of Azerbaijan has submitted a basic document containing the main directions of programs prepared in connection with state support of various sectors of the economy, including entrepreneurship, their scope, basic tools …
Ilham Aliyev: "Our main objective is security, health and welfare of citizens"
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 …
