Azerbaijan's Central Bank jointly with the Ministries of Economy and Finance will take measures to support the real sector, to issue business loans, and to reduce interest rates on these loans in 2020, according to the Cabinet of Ministers ’action plan on the implementation of the instructions drawn up by President Ilham Aliyev at a meeting on the results of 2019.

Azexport.az portal of Azerbaijan's Center for Analysis of Economic Reforms and Communications has launched Pay Ring digital payment system, Trend reports referring to the center.

Baku Stock Exchange (BSE) will hold an auction on the placement of short-term manat bonds of Azerbaijani Finance Ministry worth 10 million manat ($5.8 million) on Jan. 21, 2020, Trend reports referring to BSE.

Gold, silver and palladium prices increased in Azerbaijan on Jan. 17, compared to the prices on Jan. 16, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

Official exchange rate of the US dollar and euro against Azerbaijani manat is set at 1.7 and 1.8924 manat respectively for Jan. 17.

Kazakhstan and Azerbaijan bilateral relations lately display increase of trade turnover, as well as increase of interesting economic projects between countries, Azerbaijan’s Ambassador to Kazakhstan Rashad Mammadov said, Trend reports with reference to Kazakh TV news agency.

Azerbaijan ranks first in the CIS in terms of minimum pension and second in terms of purchasing power of minimum wages, Azerbaijan's Minister of Labor and Social Protection of Population Sahil Babayev said at a conference on identifying priority areas of cooperation between Azerbaijan and the UN for the next five years, Trend reports.

Gold, silver and platinum prices increased in Azerbaijan on Jan. 16, compared to the prices on Jan. 15, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

Central Bank of Azerbaijan (CBA) held a deposit auction, attracting 150 million manat ($88.2 million) from Azerbaijani banks, Trend reports referring to CBA on Jan. 15.

Azerbaijani citizens purchased 1,191 real estate properties in Turkey in 2019, which is 59 properties less compared to 2018, Trend reports with reference to Turkish General Directorate of Land Registry and Cadaster.

Services included in the Compulsory Medical Insurance Package, which has been approved by the decision of Azerbaijan’s Cabinet of Ministers, has been disclosed, Trend reports with reference to the Cabinet.

Azerbaijan accounts for 50 percent of Russia's trade in the South Caucasus region.

“Azercell Telecom” LLC has announced a final report on Mobile Dental Clinic for its successful activity in 2019.

Azerbaijan and the World Bank (WB) plan to hold official negotiations on a $100 million self-employment loan on January 18, Minister of Labor and Social Protection Sahil Babayev has said.

The Central Bank of Azerbaijan (CBA) will hold a deposit auction on Jan. 15, Trend reports referring to CBA.

A regional meeting was held in Azerbaijan’s Agdash district on the “The current state of rice growing and upcoming tasks” topic, Trend reports referring to Azerbaijan’s Agriculture Ministry.

Gold, silver and platinum prices increased in Azerbaijan on Jan. 15, compared to the prices on Jan. 14, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

An auction for placement of mid-term state bonds worth 15 million manat ($8.8 million) of Azerbaijan’s Ministry of Finance was held at Baku Stock Exchange (BSE) on Jan. 14, Trend reports referring to BSE.

Azerbaijan’s Economy Minister Mikail Jabbarov has said that the ministry seeks to increase the share of investments in fixed assets to 25 percent and above.

Azerbaijani Agency for the Development of Small and Medium Enterprises (SMEs) under the Economy Ministry has supported the participation of over 150 entrepreneurs in 15 specialized exhibitions and fairs, thus helping startup companies and entrepreneurs to enter the local and foreign markets.

Gold, silver and platinum prices decreased in Azerbaijan on Jan. 14, compared to the prices on Jan. 13, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

Azerbaijan’s Central Bank (CBA) held a deposit auction, attracting 150 million manats ($88.2 million) from Azerbaijani banks, Trend reports referring to CBA on Jan. 13.

In December 2019, the total turnover at the Baku Stock Exchange (BSE) market amounted to slightly over 1 billion manat ($605.8 million), which is 2.4 times less than in the same month of 2018, Trend reports referring to the BSE.

Azerbaijan’s Ganja Automobile Plant will start the assembly of Finnish combine harvesters of the Sampo-Roselew brand in the first quarter of 2020 in line with the cooperation agreement signed with Finland’s Sampo company.

The 5th meeting of the Azerbaijani-Italian Intergovernmental Commission on economic cooperation will be held in Rome on January 14.