CBA chairman: Annual inflation made up 15,6% in October

Annual inflation made up 15,6% in October, said the chairman of Central Bank of Azerbaijan (CBA) Taleh Kazimov in his speech on draft of the state budget for 2023, APA-Economics reports.   “In 10 months of the current year strategic foreign exchange reserves increased by 6% to exceed AZN 55 bln. The foreign exchange reserves […]


Central Bank of Azerbaijan forecasts economic growth for 2023

“Central Bank forecasts an economic growth for 2023,” said Chairman of Central Bank of Azerbaijan (CBA) Taleh Kazimov at today’s meeting of Parliament, APA reports.   “Development of the financial sector will be one of the main goals in the coming years,” stressed Chairman of CBA.   Source: Azeri-Press News Agency


197 educational institutions to be built in Azerbaijan’s liberated areas by 2026

Based on the return of the population, construction and restoration of general (taking into account the characteristics of the regions schools of different orientations, lyceums, and gymnasiums, boarding-type special general education schools, boarding-type schools with integrated training) and preschool educational institutions is envisaged, according to action plan of I State program on Great Return to […]


Azerbaijani national football team beats Moldova

Azerbaijani national football team has defeated Moldovan rivals 2-1 in a friendly match in the city of Chisinau, Moldova, APA reports.   The 2 goals of our national team came from Emin Mahmudov and Aleksey Isayev. Nichita Motpan scored for Moldovia.   This marks the fourth straight victory for the Azerbaijani national team.   Notably, […]