2026-4-8 23:55 |
In the first quarter of 2026, Azerbaijan continued its VAT refund program for property purchases. The initiative supports non-cash transactions for residential and non-residential real estate. Authorities report ongoing refunds to citizens under the scheme.
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While the total number of transactions processed by Azerbaijan's LVPCSS dropped sharply in February 2026, the volume of those transactions increased. There was a dramatic drop in the total number of transactions compared to last year, in stark contrast to the rise in transaction volume. trend.az »
2026-04-03 00:42
Azerbaijani banks have hit the jackpot with a surge in funds thanks to speedy money transfers as of February 1, 2026. The number of transactions took a bit of a dip compared to last year. However, the average transaction amount shot up considerably. trend.az »
2026-03-05 04:10
Azerbaijan's natural gas exports to Georgia experienced a decline in 2025 compared to the previous year. The revenue generated from these exports saw a significant decrease, along with a reduction in the volume of gas sent. trend.az »
2026-01-19 20:02
From January through October 2025, Azerbaijan exported 133,100 tons of crude oil and petroleum products to T trend.az »
2025-11-30 16:27
In the first half of 2025, Azerbaijan collected 21.8 million manat ($12.9 million) in revenue from leasing public property. This marks a 22.3% increase compared to the same period last year. A total of 2,212 new lease agreements were signed for non-residential premises and land plots. trend.az »
2025-07-29 19:57
Turkmenistan’s commodity exchange reports steady demand for petrochemical and textile products among international and local buyers during the week from March 30 through April 4.
Construction sector lending in Azerbaijan rose 21% year-over-year to 1.707 billion manat as of March, despite a slight monthly decline, according to the Central Bank.
The Balkan Province Administration has announced a tender for the modernization of heating boiler plants and construction works in Balkanabat and Turkmenbashi under the National Rural Programme.
State budget revenues topped forecasts in the first quarter of 2026, reaching 9.599 billion manat — about 5% above expectations — while government spending remained close to planned levels, according to the Finance Ministry.
In February 2026, Azerbaijan saw growth in transfers outside the banking system via fast money transfer systems. The total volume of transfers increased compared to the previous year. However, the number of transactions showed a decrease over the same period.
As of March 1 this year, Azerbaijan's banks saw an increase in the business loan portfolio for the industrial sector. The Central Bank of Azerbaijan reported growth both month-on-month and year-on-year.