Baku. Nijat Mustafayev - APA-Economics. The impact of global financial crisis on Azerbaijan will be over in 2011, said Ogtay Hagverdiyev former head of the department of the Cabinet of Azerbaijan.
According to him, at the initial stage the global financial crisis spread to all spheres of the economy of Azerbaijan.
“The second wave of the crisis could affect these areas more deeply. The impact will evaporate in 2011,†he added.
A number of governmental and international organizations declare that the financial crisis has had no impact on Azerbaijan.
Azerbaijan will get out of global financial crisis impact in 2 years
20 April 2009 16:37 (UTC +04:00)
İDMAN XƏBƏR
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
Finance
Azerbaijan's insurance market grows by nearly 2% this year
14:39
24 June 2026
Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations
13:02
24 June 2026
Azerbaijan's insurance market doubles over past four years
11:59
24 June 2026
Central Bank of Azerbaijan preparing new development strategy for insurance sector
11:58
24 June 2026
NEWS FEED
Russia says it shot down 660 Ukrainian drones overnight
12:10
26 June 2026
AZAL plans to expand its fleet to 50 aircraft by 2032 - VIDEO
12:05
26 June 2026
NATO special representative: Azerbaijani Army has a high level of interoperability with NATO standards
11:39
26 June 2026
Military march held in Baku on Armed Forces Day - PHOTO - UPDATED
11:33
26 June 2026
Ambassador: UK committed to further strengthening partnership with Azerbaijan
11:20
26 June 2026
Montenegro police, FBI arrest Iranian wanted by US for hacking
11:15
26 June 2026
Azerbaijani oil price rises
10:56
26 June 2026
18 railcars of gasoline and 8 railcars of diesel fuel sent from Azerbaijan to Armenia - PHOTO
10:52
26 June 2026
Military march accompanied by military band begins in Nakhchivan - PHOTO
10:49
26 June 2026
17-year-old detained in Dagestan for planning school attacks around the world
10:42
26 June 2026
Magdalena Grono: EU will continue its support for the Azerbaijan-Armenia peace process
10:30
26 June 2026
Military march is held in Khankendi to mark 108th anniversary of Azerbaijan's Armed Forces - PHOTO
10:20
26 June 2026
Military march is held in Ganja to mark 108th anniversary of Azerbaijan's Armed Forces - PHOTO
10:14
26 June 2026
IAEA chief says ‘very strong’ verification system needed for Iran nuclear program
10:00
26 June 2026
Gold, silver futures decline on COMEX
09:56
26 June 2026
Venezuela quake death toll rises to 235, health minister says - UPDATED - 3 - VIDEO
09:49
26 June 2026
Natural gas futures decline to $3.28 on NYMEX
09:30
26 June 2026
Oil prices decline on global markets
09:29
26 June 2026
Russia expands restrictions on imports of fish products from Armenia
09:20
26 June 2026
World Cup 2026: Turkiye beat US 3-2
09:18
26 June 2026
Trump says U.S. will use Iranian funds to buy wheat, soybeans and corn
09:12
26 June 2026
France, Italy seek multinational coalition to support Lebanon after UNIFIL withdrawal
09:02
26 June 2026
Ecuador advances to knockout rounds at World Cup, beating Germany 2-1
03:02
26 June 2026
Iran warns vessels against unauthorized Hormuz routes after ship attack
01:52
26 June 2026
Rutte said he wants to convince Trump of NATO's usefulness at the Ankara summit
01:23
26 June 2026
IDF helicopter carrying Israeli president makes emergency landing after bird strike
00:43
26 June 2026
First Vice-President Mehriban Aliyeva shared post on Armed Forces Day
00:25
Audio
26 June 2026
Azerbaijan marks 108th anniversary of the establishment of its Armed Forces
00:00
26 June 2026
President Ilham Aliyev’s social media accounts featured video dedicated to the Azerbaijani Army
23:05
Audio
25 June 2026
US, Gulf countries reject possibility of tariffs in Strait of Hormuz
22:38
25 June 2026
President Ilham Aliyev’s social media accounts shared post on Armed Forces Day
22:04
Audio
25 June 2026
18 wagons of gasoline and 8 wagons of diesel fuel will be sent from Azerbaijan to Armenia
21:50
25 June 2026
Zelenskyy approves 40-day influence operation to pressure Russia into ending war
21:41
Audio
25 June 2026
Telephone conversation held between Azerbaijani, Turkmen Presidents
20:37
25 June 2026
Vice-President of the Heydar Aliyev Foundation Leyla Aliyeva meets with Head of the Vatican Apostolic Library and Apostolic Archive
20:14
25 June 2026
Ziya Öztürkler praises Azerbaijan's continued support for the TRNC
19:50
25 June 2026
Apple says removal of VK apps from App Store is due to sanctions compliance
19:34
25 June 2026
Ruben Rubinyan elected as candidate for Speaker of the National Assembly of Armenia
19:26
25 June 2026
Missile alert declared in Moscow region-UPDATED
19:16
25 June 2026
Hikmat Hajiyev discusses Azerbaijan–NATO partnership with Secretary General's Special Representative
18:59
25 June 2026
Armenian Prosecutor General's Office petitions CEC to authorize criminal prosecution of Gagik Tsarukyan
18:55
25 June 2026
Venezuela's foreign minister thanks Azerbaijan for solidarity following earthquake
18:16
25 June 2026
Azerbaijan and Kazakhstan agree on full transition to electronic permit system
18:10
25 June 2026
Rubio believes no final agreements reached in Anchorage
18:10
25 June 2026
US, Iran agree in principle to establish direct military communication channel, Vance says
18:09
25 June 2026
Rubio believes no final agreements reached in Anchorage
18:03
25 June 2026
Azerbaijan Army servicemen participate in Anatolian Eagle-2026 International Exercise-VIDEO
18:01
25 June 2026
Leadership of the Ministry of Defense visits Central Clinical Hospital - PHOTO
17:52
25 June 2026
Eight Azerbaijani cities to host military marches marking Armed Forces Day
17:45
25 June 2026
Azerbaijan MFA: Existing opportunities should be used to finalize peace process with Armenia
17:30
25 June 2026
