Baku: In 2026, 512.7 million manats will be allocated for food security measures in Azerbaijan, APA-Economics reports. This substantial allocation is an integral part of the nation’s strategic plans to enhance and sustain its food security infrastruct…
Baku: In 2026, the Azerbaijan government is set to allocate 285 million manats from the state budget to ensure the social protection of former internally displaced persons (IDPs) and individuals with equal status.
According to Azeri-Press News Agenc…
Baku: The minimum wage and minimum pension in Azerbaijan will remain unchanged in 2026, APA reports. According to the draft law ‘On the State Budget of the Republic of Azerbaijan for 2026,’ the minimum wage will remain at 400 manats, and the minimum p…
Baku: Azerbaijan is set to allocate 46.7 million manats to the State Tourism Agency in the coming year.
According to Azeri-Press News Agency, the state budget for the next year includes the allocation of these funds, which are intended to enhance a…
Baku: Azerbaijan is set to increase the volume of tax and customs benefits by 7.5 billion manats in 2025.
According to Azeri-Press News Agency, the state aims to provide 7 billion 509 million manats in benefits to stimulate economic activity and su…
Baku: Azerbaijan is set to allocate 450 million manats next year for the reconstruction of the Heydar Aliyev Oil Refinery.
According to Azeri-Press News Agency, this substantial investment is part of a broader fiscal plan aimed at bolstering variou…
Baku: Income derived from renting out residential properties owned by individuals to other individuals will be subject to taxation, APA reports. This change is part of the draft law ‘On the State Budget of the Republic of Azerbaijan for 2026.’
Accor…
Baku: Azerbaijan is set to allocate substantial funds from its state budget in 2026 to support its strategies in artificial intelligence, cybersecurity, and digital development. The Ministry of Digital Development and Transport will receive 5 million …
Baku: In 2026, profit tax under the Azeri-Chirag-Gunashli (ACG) project within the framework of the Production Sharing Agreements (PSA) is projected at 300 million manats, which is 150 million manats or 33.3 percent less than the forecast for the curr…