An action plan has been developed to provide Azerbaijani areas liberated from Armenian occupation [in the 2020 second Karabakh war] with internet, Rovshan Rustamov, deputy minister of Digital Development and Transport of Azerbaijan, told reporters, Trend reports.

A protocol on cooperation has been signed between Azerbaijan’s Mediation Council and the Azerbaijani branch of the Turkish Association of Independent Industrialists and Businessmen (MUSIAD), Trend reports.

A regular auction for putting mineral deposits into operation has been held in Azerbaijan, Trend reports with reference to the Azerbaijani Ministry of Economy.

Azerbaijan and Ukraine have discussed the current state and prospects for the development of cooperation between the two countries in the transport field.

Azerbaijan’s Azerishig OJSC has received nearly 40 appeals on the electric supply of business entities in the liberated territories, Isa Isazade, deputy head of the OJSC’s department for work with ASAN Service and electronic governance, said at a press conference, Trend reports.

Azerbaijan participates in the 28th International Exhibition of Food and Beverages held in Antalya, Turkey, the Economy Ministry has reported.

The distribution and use of fake Green Card certificates on civil liability insurance of car owners will be prevented in Azerbaijan as a result of the integration of the e-information system of the union of legal entities of the Azerbaijan Compulsory Insurance Bureau and the e-information system of the State Customs Committee.

The Azerbaijani state budget revenues through the State Customs Committee grew in 2021, Trend reports via the committee.

Azerbaijan's Economy Minister Mikayil Jabbarov has said that the rate of gross domestic product (GDP) of the non-oil sector grew by more than 7 percent in 2021, in spite of the ongoing pandemic.

The Central Bank of Azerbaijan (CBA) held a foreign currency auction with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on Jan. 18, Trend reports referring to the CBA.

The Central Bank of the Republic of Azerbaijan makes consistent efforts to curb inflation in the country, Executive Director of the Center for Analysis of Economic Reforms and Communication of Azerbaijan Vusal Gasimli told Trend.

The volume of investments in Azerbaijan’s oil and gas sector decreased by 5.6 percent in 2021, the State Statistics Committee has reported.

Azerbaijan increased the volume of production in the non-oil and gas sector by 18.9 percent in 2021, the State Statistics Committee has reported.

Azerbaijan's State Oil Company (SOCAR) and Axens have signed a license and project agreement for a catalytic cracking unit, as part of the modernization of the Heydar Aliyev refinery.

Economy Minister Mikayil Jabbarov has stated that Azerbaijan's real GDP increased by 5.6 percent in 2021.

Azerbaijan records price fluctuations in several food products in December 2021, the Azerbaijani State Statistics Committee told Trend.

There were 115,151 loans in banks which are being liquidated by the Azerbaijan Deposit Insurance Fund (ADIF) as of January 1, 2022, Trend reports citing ADIF.

Business officials from Azerbaijan and Qatar have discussed prospects of cooperation between the two countries' small and medium-sized businesses, Trend has reported.

The external factors of inflation greatly intensified in 2021. The disruptions in the trade supply chain, weak recovery in employment, and rising transport and logistics costs have hampered the expansion of global supply during this period.

Azerbaijan and Turkey have discussed the opportunities for cooperation in the reconstruction projects in Karabakh.

Georgia’s Tegeta Construction Equipment company will enter Azerbaijani market in 2022, the CEO of the company Irakli Papiashvili said, Trend reports via Forbes Georgia.

The first meeting of the Azerbaijani-Turkish Working Group on Digital Transformation was held in the format of a videoconference, the Digital Development and Transport Ministry has reported.

The official exchange rate of the US dollar and the euro against the Azerbaijani manat as of January 17, 2022 was set at 1.7 and 1.9413 manat respectively, Trend reports with reference to the Central Bank of Azerbaijan (CBA).

The volume of mortgage loans issued through the Azerbaijan Mortgage and Credit Guarantee Fund (MCGF) exceeded two billion manat ($1.18 billion) as of January 13, the fund told Trend.

A significant event occurred in Azerbaijan last week. The groundbreaking ceremony for the 240 MW Khizi-Absheron wind farm, which will be built by the Saudi Arabian ACWA Power company, was held.