An auction for placement of short-term state bonds worth 10 million manats and maturity period of 182 days of Azerbaijan’s Ministry of Finance was held at the Baku Stock Exchange (BSE), the BSE said.

An auction for placement of short-term bonds worth 35 million manats of Azerbaijan’s Ministry of Finance was held at the Baku Stock Exchange (BSE), the BSE said on January 23.

An auction for placement of medium-term bonds worth 10 million manats of Azerbaijan’s Ministry of Finance was held at the Baku Stock Exchange (BSE), the BSE said on November 14.

An auction for placement of short-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) April 4, the BSE said March 31.

Azerbaijan and the International Monetary Fund (IMF) have started the next phase of consultations on the fourth article of the agreement on the IMF's creation.

The Finance Ministry has increased its share in the International Bank of Azerbaijan from 51.07 percent to 54.96 percent.

Agriculture sector, which is the main source of income for more than 40 percent of Azerbaijani population living in rural areas, should reconsider the advantages of the agricultural insurance for the further development.

The Azerbaijani Ministry of Finance revoked the licenses of many as 63 insurance agents recently for failing to comply with reporting rules, according to the State Insurance Supervision Service under the Ministry.

The revenues of Azerbaijan's state budget for 2015 are forecasted at 19.438 billion manats (32.5 percent of GDP). This comes as estimations put the expenditures at 21.1 billion manats (35.3 percent of GDP).

Azerbaijan raised $1.25bn in its first international bond sale on March 10, and investors from the U.S. purchased 47 percent of Azerbaijan's sovereign Eurobonds.