ECONOMY

NEWS

Approximately 400,000-500,000 undocumented buildings in Azerbaijan

— ECONOMY
There are approximately 400,000-500,000 undocumented or un-documentable buildings in Azerbaijan. Elchi.az reports that this was stated by Nigar Alimova, Chairman of the Board of the State Cadastre and Registry of Real Estate Public Legal Entity, during the “Presentation on the work done in 2025 in the field of the state cadastre and registry of real […]
NEWS

Construction of the “Zangezur” power transmission line has started – VIDEO

— ECONOMY
The construction of the Zangezur line has started in order to connect the Nakhchivan Autonomous Republic with the country’s main electric power system, and at the same time to form the Azerbaijan-Turkey-Europe international energy corridor. According to the information provided to Elchi.az from “AzerEnerji” OJSC, according to the instructions of the head of state, “AzerEnerji” […]
NEWS

EU and Azerbaijan discuss regional connectivity and partnership issues

— ECONOMY, POLITICS HEADLINE
Gert Jan Koopman, Director-General for Neighbourhood and Enlargement Negotiations of the European Union (EU), held productive discussions with state and government officials of Azerbaijan. Elchi.az reports that the director-general said this in his post on the “X” account. “We discussed the peace agenda, regional connectivity and partnership issues between the European Union and Azerbaijan. We […]
NEWS

Trump: Investments in the US economy amounted to $18 trillion in one year

— ECONOMY, WORLD
US President Donald Trump has stated that approximately $18 trillion has been attracted to the American economy during his one year in office. According to Elchi.az, he made this assessment in his speech in Washington dedicated to the initiative to open trust accounts for minors. “America is back. Since the presidential elections in November 2024, […]
NEWS

Azerbaijan and Pakistan discussed strengthening economic cooperation

— ECONOMY, POSITION, SEÇMƏ
Minister of Economy of Azerbaijan Mikayil Jabbarov and Deputy Prime Minister – Minister of Foreign Affairs of Pakistan Muhammad Ishaq Dar discussed strengthening economic cooperation during a telephone conversation. According to Elchi.az, the Ministry of Foreign Affairs of Pakistan announced this on “X”. “The parties discussed strengthening economic cooperation, trade and investment ties between Pakistan […]
NEWS

AAYDA’s tunnel construction has caused changes in the metro line separation project

— ECONOMY
The construction of the “Darnagul” electric depot is being carried out in stages within the framework of the Baku Metro line separation project. This was reported to Elchi.az from Baku Metro CJSC. According to the information, the first stage covers the construction of the minimum infrastructure necessary for the separation of lines. Currently, according to […]
NEWS

Expenditure on liberated territories last year announced

— ECONOMY
A total of 4 billion 465.7 million manats have been allocated from the 2025 state budget for the reconstruction and restoration of the liberated territories. Elchi.az reports with reference to the Ministry of Finance. It was noted that 3781.9 million manats or 84.7 percent of that amount falls to the share of the targeted funds […]
NEWS

Azerbaijan’s public debt announced

— ECONOMY
In the 2025 state budget, expenses related to servicing the state debt and obligations amounted to 2 billion 399.6 million manats. Elchi.az reports that this was reported by the Ministry of Finance. During 2025, 757.0 million manats for domestic state debt (136.8 million manats for principal debt, 620.2 million manats for interest debt) and 1342.5 […]
NEWS

Assets of credit unions in Azerbaijan decreased

— ECONOMY
In 2025, credit unions in Azerbaijan suffered a loss of 0.3 million manats. Elchi.az reports with reference to the Central Bank of Azerbaijan that in 2024, credit unions earned a net profit of 0.08 million manats. During the reporting period, the net interest income of credit unions amounted to 2 million manats (11.1% more year-on-year), […]