Baku: The total assets of the banking sector in Azerbaijan have reached an impressive AZN 49,697.8 million, marking a 1.1% increase from the beginning of this year. This growth was observed over the period from January to October, as reported by APA-E…
Baku: Azerbaijan’s revenues from cargo transportation via main gas pipelines increased by 5.7% from January to September this year, reaching AZN 1,999,005 thousand. This marks a notable rise compared to the same period last year, the State Statistical…
Baku: Losses in the main gas pipelines in Azerbaijan have significantly reduced by more than 58% during the first nine months of this year. In January-September, the country reported a loss of 29.6 million cubic meters of gas in its main pipelines, ma…
Baku: The foreign liabilities of the banking sector have increased by AZN 28.4 million compared to the beginning of the year, reaching AZN 2 billion 626.5 million as of November 1.
According to Azeri-Press News Agency, the increase in foreign liabili…
Baku: Azerbaijan has announced a significant increase in oil pipeline losses for the year 2024, as reported by the State Statistics Committee of Azerbaijan. In the period from January to September of this year, the country experienced a loss of 3,500 …
Baku: The revenue and expenditures of the State Social Protection Fund (SSPF) budget for 2025 are projected to amount to AZN 7,676,420,000.0. This was reflected in the draft law on the “2025 budget of the State Social Protection Fund,” which was discu…
Baku: Azerbaijan is set to implement a significant change in the taxation of journalists, as the Milli Majlis (Azerbaijani Parliament) discussed proposed amendments to the Tax Code. These amendments would exempt 75% of journalists’ incomes from income…
BAKU: Azerbaijan delivered medical services to a total of 826 participants at the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29). The event was hosted in Baku, and the medical service…
Baku: The European Bank for Reconstruction and Development (EBRD) has forecasted that real economic growth in Azerbaijan will be 3.8% in 2024 and 2.7% in 2025. This announcement comes amid various factors that could influence these projections, such a…
