Another non-banking credit organization – ‘AZFINANS’ LLC has been registered in Azerbaijan, Trend reports on Sept.16 referring to the State Tax Service under the country's Ministry of Economy.

A subsidiary company of the Sumgayit Chemical Industrial Park (SCIP), the Universal Packing Industry CJSC, is to commission its packing products plant by late 2021, the Economy Ministry reported on September 1.

Cashless payments play a significant role in accelerating the turnover of working capital and the development of the economy of Azerbaijan as a whole, the Ministry of Economy of Azerbaijan told Trend.

Azerbaijan has invested 2.4 billion manats (1.4 billion dollars) in the development of agricultural parks, Azerbaijan’s Ministry of Economy reported on August 24.

Over 24,000 new-generation cash registers have been installed in trade and public catering facilities in Azerbaijan, the country’s Minister of Economy Mikayil Jabbarov wrote in his Twitter page, Trend reports on Mar.19.

Azerbaijani Ministry of Economy has received about 470 applications in connection with rendering support for entrepreneurial activity and the projects to be implemented in the territories liberated from Armenian occupation, Trend reports on March 18 with reference to Azerbaijani Minister of Economy Mikayil Jabbarov’s message in Facebook.

The State Service on Property Issues under the Azerbaijani Ministry of Economy held a new auction, Trend reports on Feb.25 referring to a source in the service.

Cooperation with Turkey is important in terms of realizing such a national priority as the Great Return to the territories liberated from the Armenian occupation, Minister of Economy of Azerbaijan Mikayil Jabbarov wrote on his Twitter account, Trend reports.

The business environment will be further improved in Azerbaijan, Azerbaijani Minister of Economy Mikayil Jabbarov wrote on Twitter, Trend reports on Feb. 15.

The role of the tax system in the economic regulation of Azerbaijan has significantly grown, Mikayil Jabbarov, head of the country’s Ministry of Economy wrote in his Twitter page, Trend reports on Feb.11.