Baku 16° C
Shadow economy narrows in Azerbaijan
Finance
- 16 March, 2017
- 08:43
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 16 March. REPORT.AZ/ According to latest calculations by the State Statistical Committee (SSC), shadow economy fell to 2.4% of GDP.
Report informs citing the Committee.
The report says, this is the indicator of 2015, figures of 2016 will be announced in third quarter of 2017. According to preliminary calculations, no significant changes expected in new figures.
Notably, earlier, non-formal economy (shadow economy) accounted for 9.1%.
Author
Latest News
20:11
AzFina official urges lenders to focus on underserved small businesses
Finance
20:08
Photo
Seventh World Forum on Intercultural Dialogue concludes in Baku
Cultural policy
20:04
Azerbaijan offers condolences to Spain over deadly train accident
Foreign policy
19:50
Photo
Azerbaijan, Somalia explore cultural ties and experience exchange
Cultural policy
19:35
Azerbaijan's Central Bank plans AI governance guidance by year-end
Finance
19:26
Photo
Leyla Aliyeva and Arzu Aliyeva attend concert presented as part of 'Aria of Heaven' project
Cultural policy
19:22
Photo
Azerbaijan, Maldives discuss prospects for cultural cooperation
Cultural policy
19:06
UK pledges additional £10 billion in aid to Ukraine, Zelenskyy says
Other countries
18:52
Azerbaijan, Türkiye discuss economic, trade and customs cooperation
Foreign policy