Azerbaijan to Complete 26 New Reservoirs by 2040

Baku: Azerbaijan plans to complete the construction of 4 reservoirs by 2025-2027, 9 reservoirs by 2027-2030, and 13 reservoirs by 2030-2040, APA-Economics reports. The announcement was made during the Baku Water Week conference.

According to Azeri-P…

Azerbaijani PM Approves Master Plan for Gubadli City

Baku: Prime Minister of the Republic of Azerbaijan Ali Asadov has signed an order approving the master plan for the city of Gubadli. The document sets out the city’s development vision through 2040.

According to Azerbaijan State News Agency, the mas…

Central Bank of Azerbaijan Maintains Interest Rate at 7%

Baku: The Central Bank of Azerbaijan (CBA) has once again announced its decision regarding the interest rate, APA-Economics reports. The CBA’s Board of Directors has kept the interest rate stable at 7.00%, the lower bound of the interest rate corridor…

GDP Increases in Azerbaijan by 1 Percent

Baku: Azerbaijan’s gross domestic product (GDP) reached 83.37 billion manats in January-August 2025, marking a 1% increase compared to the same period last year.

According to Azerbaijan State News Agency, the added value in the oil and gas sector ro…

CBA: Current Account Surplus Reached $2.3 Billion

Baku: A positive balance of 2.3 billion USD was recorded in the current account of the balance of payments during the first six months of this year, APA-Economics reports, citing the Central Bank of Azerbaijan (CBA).

According to Azeri-Press News Ag…

Autumn Equinox to Commence in Azerbaijan on September 22

Baku: The autumn season will begin in Azerbaijan on September 22 at 22:19:16, as reported by the Department of Astrophysics at the Faculty of Physics of Baku State University.

According to Azeri-Press News Agency, at that moment, day and night will …