Personal incomes slightly increase in Azerbaijan 

[ad_1] In January-July 2021, the individual revenues in Azerbaijan amounted to AZN 32,321,000,000, up 0.6% from the previous year, Report informs, citing the State Statistics Committee. Over the past year, the country’s per capita income increased by 0.2% to AZN 3,228.4. [ad_2] https://report.az/en/finance/personal-incomes-slightly-increase-in-azerbaijan/

Anglo Asian Mining may increase production in Azerbaijan 

[ad_1] Anglo Asian Mining plc (“Anglo Asian” or the “Company”), the AIM-listed gold, copper, and silver producer focused on Azerbaijan, is pleased to provide a maiden JORC Mineral Resource for its Zafar polymetallic deposit (the “Zafar deposit”), Report informs, citing the Company. The deposit produced 51,000 tonnes of copper, 82,000 ounces of gold, and 40,000… Continue reading Anglo Asian Mining may increase production in Azerbaijan 

Azerbaijan’s Customs Committee posts 3% increase in budget transfers

[ad_1] In January-July 2021, the State Customs Committee (SCC) transferred AZN 2,424,033,000 to the state budget, marking an increase of 2.7% from the previous year, the Committee told Report. In the reporting period, revenues from customs duties increased by 15.6% to AZN 657.017 mln, from value-added tax (VAT) decreased by 2.5% to AZN 1,649.757 mln,… Continue reading Azerbaijan’s Customs Committee posts 3% increase in budget transfers

Azerbaijan posts over 30% increase in non-oil sector

[ad_1] During the first seven months of the year, Azerbaijan’s exports amounted to $11.4 billion, including $1.4 billion in the non-oil sector, Report informs, citing the Center for Economic Reforms Analysis and Communication. According to the information, the exports in the non-oil sector were up 30.5% or $316.8 million from the same period of 2020.… Continue reading Azerbaijan posts over 30% increase in non-oil sector

Azerbaijani banks increase lending | Report.az

[ad_1] As of July 1, 2021, credit investments in the Azerbaijani economy amounted to over 15.258 billion manats ($8.97 billion). Report informs citing the Central Bank of Azerbaijan that this figure is 1.3% more compared to June 1. It is also increased by 5% since the beginning of the year and by 4.9% compared to… Continue reading Azerbaijani banks increase lending | Report.az

ADB: Capital of Azerbaijan’s Azerishiq OJSC to increase by 100M manats annually by 2025

[ad_1] The Asian Development Bank (ADB) is ready to continue supporting reforms in Azerishiq OJSC (100 percent state energy distribution company), Report informs referring to the ADB. This should entail Azerishiq’s participation in a political dialogue with the government of Azerbaijan to sustainably improve the financial performance of the enterprise. According to ADB forecasts on… Continue reading ADB: Capital of Azerbaijan’s Azerishiq OJSC to increase by 100M manats annually by 2025

Romanian FM: EU is determined to increase de-escalation efforts between Azerbaijan and Armenia

[ad_1] The European Union is determined to increase de-escalation efforts between Azerbaijan and Armenia to achieve a positive agenda, build confidence, resolve post-conflict issues, and progress on regional cooperation for stability.” Report informs, Romanian Foreign Minister Bogdan Aurescu said to Armenian Prime Minister Nikol Pashinyan at the meeting with Austrian and Lithuanian colleagues Alexander Schallenberg… Continue reading Romanian FM: EU is determined to increase de-escalation efforts between Azerbaijan and Armenia

Azerbaijan, Algeria mull increase of mutual investments 

[ad_1] A meeting with the Ambassador of Algeria to Azerbaijan Salima Abdelhak was held at the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) under the Ministry of Economy. Report informs that the sides exchanged views on the improvement of relations in various sectors of the economy, including the export of non-oil products and the expansion… Continue reading Azerbaijan, Algeria mull increase of mutual investments 

Goldman Sachs to increase Bitcoin trading volumes

[ad_1] Goldman Sachs Bank will use the famous cryptocurrency in its operation, Report informs referring to RBC channel. Under an agreement with Galaxy Digital of entrepreneur Mike Novogratz, Goldman Sachs will trade cryptocurrency futures. Goldman Sachs is using the services of a counterparty for operations in the digital currency market for the first time. In… Continue reading Goldman Sachs to increase Bitcoin trading volumes

Azerbaijan posts over 7% increase in imports from Turkey

[ad_1] In January-May of this year, the trade turnover between Azerbaijan and Turkey amounted to $1,867,447,520. Report informs citing the State Customs Committee that this is a growth of $3,652,320 or 0.2% more than in the same period last year. During the reporting period, the trade turnover between the two countries amounted to 15.8% of… Continue reading Azerbaijan posts over 7% increase in imports from Turkey