Baku: Colombia’s President-elect Abelardo de la Espriella has announced plans to close at least 15 embassies, including the Colombian Embassy in Baku, Azerbaijan, as part of an initiative to reduce government spending. This announcement was made durin…
Baku: During the first six months of this year, state budget revenues amounted to 19.1792 billion manats, exceeding the forecast of 18.8289 billion manats by 350.3 million manats, or 1.9%, APA-Economics reports, citing the Ministry of Finance. This re…
Baku: During the January-June period of this year, non-oil and gas sector revenues accounted for 57.3% of total state budget revenues-5.4 percentage points higher than in the corresponding period of 2025-amounting to 10.981 billion manats.
According…
Baku: A total of AZN 144.5 million was allocated from Azerbaijan’s reserve funds during the first six months of 2026 to finance certain expenditures, the Ministry of Finance said, APA-Economics reports.
According to Azeri-Press News Agency, AZN 23.5…
Baku: Azerbaijan has allocated more than 1 billion manats for the reconstruction and restoration of its liberated territories during the first half of 2026. The Ministry of Finance reports that 1.0641 billion manats, accounting for 30.4% of the annual…
Baku: Natural gas futures declined on the New York Mercantile Exchange (NYMEX): APA-Economics reports. Futures for natural gas for delivery in August 2026 fell by 0.08% to $2.79 per million British thermal units (MMBtu).
According to Azeri-Press New…
Baku: The wildfires that erupted in the open areas near Kangarli and Papravand villages in Azerbaijan’s Aghdam district have been successfully extinguished. Crews from the State Fire Protection Service of the Ministry of Emergency Situations managed t…
Baku: The wildfires that erupted in the open areas near Kangarli and Papravand villages in Azerbaijan’s Aghdam district have been successfully extinguished. Crews from the State Fire Protection Service of the Ministry of Emergency Situations managed t…
Baku: Azerbaijan and Brazil have taken a significant step towards strengthening their bilateral relations by signing a Joint Customs Cooperation Plan set for 2026. This initiative aims to bolster the institutional framework for cooperation between the…