ECONOMY

Traffic has been reorganized at the intersection of Rashid Ismayilov and Yahya Huseynov streets in Bilajari settlement of Baku. Elchi.az was informed about this by the Azerbaijan Land Transport Agency (AYNA). According to the information, traffic at the mentioned intersection is now regulated by traffic lights. Vehicles moving from Yahya Huseynov Street and the nearby […]

In 2025, mandatory state social security contributions amounted to 6 billion 448.3 million manats. The State Tax Service under the Ministry of Economy told Elchi.az about this. It was noted that revenues from this source increased by 11.9 percent or more than 684.9 million manats compared to 2024. Revenues from non-budgetary organizations increased by 12.2 […]

During 2025, more than 16 billion 353.5 million manats of taxes were collected to the state budget through the State Tax Service under the Ministry of Economy, which is 853.5 million manats more than the forecast. Compared to 2024, tax revenues increased by 545.5 million manats or 3.5 percent. The State Tax Service under the […]

Starting from April 2025, funds from the unified treasury account in the national currency have been placed in deposits through auctions. The main purpose of implementing this mechanism is to manage state budget funds more efficiently and generate additional income for the budget. This was reported to Elchi.az by the Ministry of Finance. It was […]

The price of gold futures per troy ounce (31.1 grams) has decreased in commodity markets. Elchi.az reports with reference to stock exchange data that the price of February 2026 gold futures per troy ounce on the New York COMEX commodity exchange decreased by 0.39% to 4,478.50 US dollars. The price of March 2026 silver futures […]

As of January 01, 2026, the monetary base in Azerbaijan amounted to 22 billion 470.2 million manats. Elchi.az reports this with reference to the Central Bank of Azerbaijan. According to the information, the monetary base increased by 1.5% or 341.8 million manats in the last month. In annual comparison, the monetary base increased by 7.4% […]

As of January 1, 2026, the foreign exchange reserves of the Central Bank of Azerbaijan (CBA) amounted to 11 billion 514.9 million US dollars. Elchi.az reports with reference to the CBA that this indicator is 0.71% or 81.1 million US dollars more than the previous month. It should be noted that the CBA’s foreign exchange […]

Azərbaycan Mərkəzi Bankı bu günün valyuta məzənnələrini açıqlayıb. Elchi.az-ın məlumatına görə, yanvarın 7-də ABŞ dollarının məzənnəsi dəyişməyərək 1,7000 manat, Türkiyə lirəsi 0,0395 manat təşkil edib. Avro 1,9875 manata kimi ucuzlaşıb, Rusiyanın 100 rublu isə 2,0920 manata kimi bahalaşıb. 1 ABŞ dolları USD 1,7 1 Avro EUR 1,9875 1 Avstraliya dolları AUD 1,1491 1 Belarus rublu […]

US President Donald Trump has announced his intention to further reduce oil prices. Elchi.az reports that Trump said this during his speech to the Republican faction in the US Congress House of Representatives. “I will meet with oil companies. You know what we’re talking about. We need to produce more oil, which will allow us […]

Last year, 65 new domains and 285 new subdomains were given to government agencies in Azerbaijan. Elchi.az reports this with reference to the Special Communication and Information Security State Service (XRİTDX). Last year, this indicator was 64 new domains and 367 subdomains, respectively. In December, 37 new subdomains were given to government agencies for use.