News
More than $350 billion invested in our economy
5+ hour, 22+ min ago (96+ words) Modern. az More than $350 billion invested in our economy Over the past twenty years, more than 350 billion US dollars have been invested in our economy, approximately half of which - 170 billion US dollars - are investments from foreign sources. Modern. az reports…...
The Central Bank announced its decision on the discount rate
2+ week, 6+ day ago (163+ words) Modern. az The Central Bank announced its decision on the discount rate The Board of the Central Bank of Azerbaijan (CBA) has decided to keep the discount rate at 6. 5 %. Modern. az reports this, citing the CBA. According to the information,…...
Subsidies exist, no productivity: Import dependence is growing
3+ week, 3+ day ago (488+ words) It is interesting to know what this decrease is related to and what the forecasts for production are in future periods? In his statement to Modern. az on the topic, Tahir Rzayev, Chairman of the Agrarian Policy Committee of the…...
Brent" oil 105 dollars HAS EXCEEDED
3+ week, 4+ day ago (145+ words) Modern. az Brent" oil 105 dollars HAS EXCEEDED During trading operations on the "ICE London" intercontinental exchange, the value of the June 2026 contract for the export of Brent" crude oil increased by 3. 37%, reaching 105. 32 US dollars per barrel. According to Modern. az,…...
Gold is becoming more expensive again
4+ week, 13+ hour ago (154+ words) In world commodity markets, the price of gold has approached 4600 dollars. Modern. az reports that an increase has been observed in the prices of precious and industrial metals in world markets. Specifically, on the Comex exchange, the price of gold's…...
Food prices are rapidly increasing worldwide: Where does Azerbaijan rank?
4+ week, 1+ day ago (289+ words) The list of countries where food inflation is most felt in 2026 has been announced. Modern. az reports that, according to data published by the "Visual Capitalist" platform, from January 1 to February 25 of the current year, Iran ranks 1st and Azerbaijan 26th among…...
Small markets cannot withstand competition - What will be their fate?
1+ mon, 1+ week ago (218+ words) The number of branches of supermarket chains selling food products is increasing in Azerbaijan. In some areas, it is observed that supermarkets of the same name operate densely " at a distance of 100-150 meters " and are located in the courtyards of…...
These countries without China cannot live
1+ mon, 1+ week ago (179+ words) However, some product categories cannot be replaced by local production due to a lack of necessary equipment, natural resources, or technologies. These countries without China cannot live China actively imports goods from many countries. The country needs a large volume…...
Joint statement on the security of the mortgage system
1+ mon, 2+ week ago (115+ words) Limits have been allocated to authorized banks by the Mortgage and Credit Guarantee Fund for the purpose of continuing mortgage lending throughout 2026. This was reported to Modern. az by the Fund. It was noted that the acceptance of applications for…...
Social and unemployment insurance contributions have increased
1+ mon, 2+ week ago (149+ words) In January-February of this year, revenues from mandatory state social insurance contributions in Azerbaijan amounted to 1 billion 19. 8 million manats, amidst the process of formalization of the number of salaried employees and the wage fund. Modern. az reports this, referring to…...