BAKU, Azerbaijan, May 27. Of the 21.3 billion manat ($12.5 billion) of current expenditures made last year, 90 percent, or 19.2 billion manat ($11.3 billion), were covered by revenues from the non-oil …
Azerbaijan’s finance ministry holds next deposit auction
The Azerbaijani Ministry of Finance has conducted another deposit auction to enhance the efficient management of state budget funds. As a result, 500 million manat ($294 million) was placed in the …
UAE and Azerbaijan foster financial ties
The MoU facilitates information sharing on supervisory and regulatory practices in banking and financial infrastructure systems.
Central Bank of UAE, Azerbaijan counterpart sign deal to strengthen cooperation
Under the MoU, the two parties will exchange information on best supervisory, regulatory practices, licencing processes pertaining to banking and insurance businesses, and services related to payments …
Azerbaijan, Kazakhstan discuss oversight of financial markets [PHOTOS]
The Central Bank of Azerbaijan (CBA) has announced that discussions on financial market regulation and oversight have taken place between Azerbaijan and Kazakhstan, Azernews reports.
Foreign Ministers of Azerbaijan and Qatar hold talks on strategic and regional issues
On May 29, 2025, the Minister of Foreign Affairs of the Republic of Azerbaijan, Jeyhun Bayramov, met with the Minister of State for Foreign Affairs of the State of Qatar, Mohammed bin Abdulaziz bin …
Azerbaijan touts $20bn investments and green energy pact as Turkic bloc eyes deeper economic ties
By Cavid Aga in Ankara Azerbaijan’s President Ilham Aliyev used the informal summit of the Organisation of Turkic States (OTS) in Budapest to showcase his country’s growing regional economic influence …
Azerbaijan to allocate fund for disease treatment
This year, 303.4 million manats (approx. $178.5 million) will be allocated from the state budget of Azerbaijan for the treatment of various diseases, Azernews reports, citing the Ministry of Finance.
Azerbaijan’s Accounts Chamber highlights risks from acute deficit and financial mismanagement
BAKU, Azerbaijan, May 27. The average rate of return on issued government bonds showed the highest rates of profitability in recent years in 2024, the review of the draft law on “the execution of the …
PM Shehbaz rejects conflict, urges dialogue at trilateral summit with Turkiye, Azerbaijan
Prime Minister Shehbaz Sharif joined the presidents of Turkiye and Azerbaijan at a high-level trilateral summit in Lachin, Azerbaijan, on May 28, 2025. With him were Finance Minister Ishaq Dar and …