Search keyword: Ministry of Finance

IMF expects Azerbaijan's external public debt to decrease to 6.6% of GDP by 2030-end

According to the forecasts of the Ministry of Finance of Azerbaijan, by the end of 2025, the total amount of Azerbaijan's public debt (external and internal) will reach $17.061 billion (22.2% of GDP), and by 2026 it will grow to $19.235 billion (20.1% of the projected GDP).

May 1, 2025 12:54
Cabinet issues directives for implementation of AI development strategy in Azerbaijan through 2029

The directive outlines specific instructions for various state bodies, including the Center for Analysis of Economic Reforms and Communication, the Ministry of Finance, and the Ministry of Economy.

April 30, 2025 12:16
Azerbaijan begins talks on new Convention project with Kazakhstan

Orkhan Musayev, head of the International Taxation and Tax Monitoring Main Department of the STS, Ablaikhan Bagibekov, Deputy Director of the Tax and Customs Legislation Department at the Ministry of Finance of Kazakhstan, and Kymbat Ibrayeva, Deputy Head of the Non-resident Taxation Department of the

April 30, 2025 09:42
IMF updates Azerbaijan's public debt forecasts until 2031

According to the forecasts of the Ministry of Finance of Azerbaijan, by the end of 2025, the total amount of Azerbaijan's public debt (external and internal) will reach $17.061 billion (22.2% of GDP), and by 2026 it will grow to $19.235 billion (20.1% of the projected GDP).

April 29, 2025 11:53
Azerbaijan's foreign state debt composition revealed

Azerbaijan's foreign state debt amounted to $5.067 billion as of April 1, 2025, Report informs with reference to the country's Ministry of Finance. The US dollar made 85.6% of the debt.

April 28, 2025 11:33
Prospects for Azerbaijan-ADB co-op development discussed

Azerbaijan's Finance Minister and Member of the Board of Governors of the Asian Development Bank (ADB) Sahil Babayev has held an online meeting with Rachel Thompson, Executive Director representing Azerbaijan on the ADB Board of Directors, Report informs referring to the Ministry of Finance.

April 24, 2025 08:47
CBA: Average profitability in short-term money market moves within IRC

On April 11, the Ministry of Finance held an auction to place the free balance of the single treasury account in national currency in the form of deposits in systemically important banks.

April 23, 2025 10:52
One-time financial assistance to be provided to World War II veterans

Relevant instructions have been issued to the Cabinet of Ministers, the Ministry of Finance, and the Ministry of Labor and Social Protection of the Population.

April 21, 2025 19:03
Non-oil and gas revenues of Azerbaijan up by over 6%

Report informs, citing the Ministry of Finance, that the non-oil and gas sector accounted for 50.9% of total budget revenues during this period. Breaking it down, 65.1% or 3.22 billion manats ($1.9 billion) of the non-oil and gas sector’s income came from tax authorities.

April 18, 2025 18:25
Azerbaijan repays nearly 500 million manats in debt in Q1

According to Report, citing the Ministry of Finance, this figure represents a 55.3% decrease compared to the same period in 2024.

April 18, 2025 18:16