On 3 February, the Baku Court of Appeal chaired by Habil Mammadov rejected an appeal against the decision of the Narimanov court to arrest all the property of economist and politician Gubad Ibadoglu. ...

The European Bank for Reconstruction and Development (EBRD) invested €196 million in 8 projects in Azerbaijan in 2024. According to the EBRD, 82% of these investments were directed towards ...

Russian Ambassador to Azerbaijan Mikhail Yevdokimov was invited to the Ministry of Foreign Affairs on 28 January. "During the meeting it was noted that publications in the Russian press, as well as ...

The Accounting Chamber held an event on external state financial control at the Azerbaijan State Academy of Physical Culture and Sport.This was report ...

For many years, we have been stating that the average monthly salary in the country does not reflect the real income level of the population. This is because the average monthly salary is inflated due ...

The State Statistics Committee (SSC) has released the macroeconomic indicators of the country's economic and social development for January-December 2024[1]. Let’s review the most significant of these ...

The total volume of Azerbaijani gas transported via the TANAP pipeline to Türkiye and Europe reached 75 bcm. "To date, the total volume of gas transported through TANAP – a key link in the Southern ...

President Ilham Aliyev approved the budget of the Mandatory Health Insurance Fund for 2025 on 10 February. In the current year, the Fund's revenues have been approved at the amount of AZN 2,571.7 ...

In 2024, the Compulsory Insurance Bureau (СIB) paid AZN 966,559 in compensation for road accidents involving uninsured and unknown vehicles.This was reported by the CIB. The Central Bank of Azerbaijan ...

Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according ...

Azerbaijani President Ilham Aliyev issued a decree on Thursday amending the list of classified information approved under a 2005 presidential order. The changes align with amendments to the country’s ...

The Central Bank of Azerbaijan (CBA) forecasts the average oil price for 2025 at $77.3 per barrel, the chairman of the CBA, Taleh Kazimov, stated at a press conference. Azerbaijan's Minister of ...