Search keyword: Ministry of Finance

IMF works with Azerbaijan on climate transition risks

"First and foremost, we work with national statistical offices, central banks, and the Ministry of Finance. We are currently preparing a harmonized set of charts and indicators that will be used in Article 4 consultations," Alfieri added.

November 16, 2024 13:41
Azerbaijan's Milli Majlis to start state budget discussions on November 18

According to the bill submitted to the Milli Majlis by the Ministry of Finance, state budget revenues in 2025 are projected to be nearly 38.32 billion manats ($22.54 billion) (5.3% more than the approved forecast for 2024), while expenditures are expected to be nearly 41.37 billion manats ($24.34 billion

November 14, 2024 13:45
EBRD provides loan for water supply, stormwater management upgrades in Azerbaijan's Ganja

The borrower of the loan is the Ministry of Finance of Azerbaijan, and the beneficiary is the State Water Resources Agency.

November 11, 2024 11:43
Azerbaijan's mugham center earns international status

The Ministry of Culture, in collaboration with the Ministry of Finance, has been tasked with addressing the necessary arrangements arising from this decree.

October 22, 2024 17:36
UAE and Azerbaijan strengthen cooperation on sustainable development and climate finance

According to Report, the UAE Ministry of Finance, in a statement posted on social media platform X, revealed that the meeting focused on expanding collaboration in several areas, including the implementation of the Memorandum of Understanding (MoU) on financial cooperation signed between the two nations

October 21, 2024 09:53
Georgia's foreign state debt exceeded $9 billion

Georgia's foreign state debt has exceeded $9 billion, Report informs, citing the country's Ministry of Finance. This figure is $43.5 million more compared to that of August 2023 and $581 million more compared to the figure in September 2023.

October 20, 2024 14:23
Average annual inflation in Azerbaijan to drop to 3.8% in 2028

The Ministry of Economy predicts that the average annual inflation in Azerbaijan in the base scenario will be 4.6% in 2025 and 3.8% in 2028, according to the Medium-term Budget Framework for 2025-2028 published by the Ministry of Finance.

October 18, 2024 19:22
Azerbaijan to spend around $15 billion on rebuilding liberated territories in next 4 years

Azerbaijan is set to invest a staggering 14.612 billion manats ($8.6 billion) in the reconstruction and restoration of its territories liberated from Armenian occupation, Report informs, citing the forecast in the Medium-Term Budget Framework for 2025-2028 published by the Ministry of Finance.

October 18, 2024 19:06
Average price of Azerbaijani oil barrel announced

In the first half of this year, the average price of a barrel of Azerbaijani Azeri Light crude oil $86.5, according to the Medium-term Budget Framework for 2025-2028 published by the Ministry of Finance.

October 18, 2024 18:14
Azerbaijan’s Finance Ministry comments on increase in state budget for 2025

The Ministry of Finance has commented on the increase of Azerbaijan's state budget revenues and expenditures for 2025 by 1.74 billion manats ($1.02 billion) compared to the initial draft, Report informs.

October 16, 2024 20:48