Azerbaijan sets medium-term outlook for consolidated budget expenditures
Azerbaijan has outlined its forecast for consolidated budget expenditures over the medium term. trend.az »
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Azerbaijan has outlined its forecast for consolidated budget expenditures over the medium term. trend.az »
Azerbaijan projects a decline in oil and gas production for 2026, with expected growth in the sector by 2029-2030, while medium-term inflation and income forecasts indicate gradual economic recovery and stability. trend.az »
According to the OECD, continued policy adjustments could further strengthen T trend.az »
Uzbekistan’s instant payment system continues to gain momentum, reflecting the rapid digitalization of the country’s financial sector and growing use of cashless transactions. trend.az »
Iran has announced a guaranteed purchase price for wheat from farmers to ensure stable income and support agricultural production. trend.az »
The share of processed agricultural products in Kazakhstan is expected to reach 70% in 2026, supported by investment and industry diversification. trend.az »
The report suggests that if spot prices fall sufficiently, Chinese buyers may actively seek competitively priced cargoes. Industrial consumers are expected to increase gas purchases if delivered prices drop below $9 per MMBtu. trend.az »
Kyrgyzstan is pursuing a strategic shift toward an industrial-agricultural economy, underpinned by strengthened fiscal management and digitalized revenue collection. trend.az »
Uzbekistan is taking concrete steps to improve energy efficiency in its small and medium-sized enterprises, aiming to cut natural gas and electricity consumption significantly in 2026. trend.az »
Kazakhstan is developing the Ekibastuz GRES-3 power plant in Pavlodar region as part of its national coal generation project. trend.az »
The Ministry of Youth and Sports has launched a tender aimed at reorganizing its electronic services to better meet modern standards and improve digital accessibility. trend.az »
Despite the steady growth in exports, imports continued to significantly exceed exports, resulting in a negative trade balance in every month of the year. trend.az »
Iran has introduced a policy that allows citizens and businesses to conduct foreign currency transactions through an official and transparent platform with mutually agreed exchange rates. trend.az »
Uzbekistan plans to cut energy use 20% by 2030, modernizing public buildings with $264M in international funding. trend.az »
Turkmenistan plans to channel significant funding into investment projects and social development next year, with a strong focus on supporting production sectors, modernizing infrastructure, and maintaining socially oriented budget priorities. trend.az »
Ardabil Province aims to double its exports through enhanced cooperation with Azerbaijan, targeting significant growth in trade across sectors such as agriculture, industry, mining, and tourism. trend.az »
Uzbekistan plans to double its chemical industry output and increase exports to $1 billion by 2030, with initiatives focused on modernizing production, reducing costs, and implementing energy-efficient technologies across the sector. trend.az »
Georgia’s record-high foreign exchange reserves and impressive economic growth highlight the country’s strengthening financial position and growing investor confidence. trend.az »
This pattern mirrors the concentration observed in bank card usage, indicating that both electronic and physical banking services are more accessible in urbanized areas. trend.az »
Azerbaijan has finalized its budget allocations for social agencies for the coming year, with funding planned for employment, social security, and labor market oversight institutions. trend.az »
Azerbaijan’s draft state budget allocates around 14.1 billion manat for major expenditures next year, including the reconstruction of the Heydar Aliyev Oil Refinery (HAOR). trend.az »
The European Investment Bank (EIB) is intensifying its support for Central Asia’s shift to a low-carbon economy, focusing on reliable, secure, and affordable energy. trend.az »
Kazakhstan is enhancing investor support by strengthening the Council for Investment Attraction and establishing Regional Investment Headquarters. New measures include Investment Agreements offering up to 25 years of legal stability for major projects, a National Digital Investment Platform to track the investor journey, and a Fast Track system for priority sectors. trend.az »
Azerbaijan has launched a tender to upgrade the water supply system in Jabrayil, covering main pipelines, sewage and stormwater collectors, and related infrastructure. trend.az »
The number of issued American Express credit payment cards in Georgia reached 156,935 in July 2025. trend.az »
Navoi Mining and Metallurgical Company (NMC) produced 1.54 million ounces of gold in the first half of 2025, the comany reported. trend.az »
Iran plans to increase passenger flights over its skies by 50%, with about 730 flights currently daily, says Mohammad Amirani, CEO of Iran Airports and Air Navigation Company. Infrastructure upgrades and air traffic control modernization are underway, expected to finish within a year. trend.az »
Construction of buildings and structures continues to drive Uzbekistanjects. trend.az »
In total, 929 businesses across Turkmenistan are now linked to the e-commerce platform. This reflects the country’s ongoing progress in expanding digital financial services and supporting the growth of online transactions across all regions. trend.az »
Uzbekistan has revealed key plans for the Trans-Afghan Railway project, highlighting its strategic importance for regional connectivity and trade. This initiative marks a significant step forward in strengthening ties between Central and South Asia. trend.az »
Karaganda and Astana have emerged as leaders in Kazakhstan’s new index of industrial and innovative development, showing strong performance in productivity, investment, and high-tech exports. The data highlights growing regional disparities, with resource-heavy areas falling behind on modernization. trend.az »
Iran will spend 88 trillion rials ($152 million) on buying and repairing vehicles. Contracts with local companies will be signed on July 20. The plan includes purchasing 130 new passenger cars and repairing 140. trend.az »
Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.4957 manats for May 23 trend.az »