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Annual Report 2025

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Annual Report 2025

Minister of Agriculture Majnun Mammadov

Minister: Investment required under State Program estimated at AZN 5.9 billion

Khalid Khalafalla, Head of the Islamic Development Bank Group’s Islamic Corporation for the Development of the Private Sector (ICD)

Khalid Khalafalla: Agreements reached within the Private Sector Forum expanded opportunities for cooperation

Hanan Balkhy, Regional Director for the Eastern Mediterranean Region of the World Health Organization (WHO)

WHO regional director: Member states are being supported to improve the efficiency of health systems

Chairmanship of Islamic Development Bank Board of Governors handed over to Burkina Faso

Chairmanship of Islamic Development Bank Board of Governors handed over to Burkina Faso

Deputy Minister of Digital Development and Transport Rahman Hummatov

Deputy Minister: Azerbaijan accelerating major infrastructure projects to strengthen the Middle Corridor and transport network

Opening ceremony of IsDB Group Annual Meetings held in Baku, President Ilham Aliyev delivers speech-VIDEO -UPDATED-4 -PHOTO

Opening ceremony of IsDB Group Annual Meetings held in Baku, President Ilham Aliyev delivers speech-VIDEO-UPDATED-4-PHOTO

Nasir Sadigov, Deputy Chairman of the Chamber of Accounts

Chamber of Accounts: Digital economy accounts for 17.3% of global GDP

Chairman of the Board of the Azerbaijan Business Development Fund Ulvi Mansurov

Ulvi Mansurov: New cooperation opportunities identified between Azerbaijan and the Arab Coordination Group in 2025

Future development prospects between Azerbaijan and the OPEC Fund discussed

Future development prospects between Azerbaijan and the OPEC Fund discussed

Adeeb Y. Al Aama, Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC)

Adeeb Al-Aama: ITFC trade finance approvals reached $9.35 billion in 2025

ITFC: We have provided a total of $96 billion in financing to date

ITFC: We have provided a total of $96 billion in financing to date

Chairman of the Islamic Development Bank (IsDB) Group Mohammed Al Jasser

ICIEC has insured $159 billion worth of trade and investment transactions across 51 countries

Mikayil Jabbarov: Average annual growth of Azerbaijan’s non-oil and gas sector reached 6% in 2021–2025

Mikayil Jabbarov: Average annual growth of Azerbaijan’s non-oil and gas sector reached 6% in 2021–2025

Advisor to the Minister of Economy Huseyn Huseynov

Advisor: Azerbaijan's trade turnover has doubled over the past five years

Azerbaijan's Ismayilli to produce European-style cheese as new dairy plant takes shape

Azerbaijan's Ismayilli to produce European-style cheese as new dairy plant takes shape

Azerbaijan's customs revenues fall 3.5% below forecast in 2025

Azerbaijan's customs revenues fall 3.5% below forecast in 2025

State-owned companies paid AZN 636.6 million in dividends to the budget

State-owned companies paid AZN 636.6 million in dividends to the budget

Consolidated budget revenues exceeded forecast by 7.5% last year

Consolidated budget revenues exceeded forecast by 7.5% last year

Azerbaijan spends AZN 74.8 million on demining liberated territories last year

Azerbaijan spends AZN 74.8 million on demining liberated territories last year

Amount spent on cable car projects in Shusha, Khankendi and Lachin last year revealed

Amount spent on cable car projects in Shusha, Khankendi and Lachin last year revealed

Azerbaijan allocates AZN 4.45 billion from 2025 state budget for reconstruction of liberated territories

Azerbaijan allocates AZN 4.45 billion from 2025 state budget for reconstruction of liberated territories

Azerbaijan's budget revenues exceeded forecast by 2.2% last year

Azerbaijan's budget revenues exceeded forecast by 2.2% last year

More than 182 million tons of oil produced from Oil Rocks to date

More than 182 million tons of oil produced from Oil Rocks to date

Ilham Aliyev, President of the Republic of Azerbaijan

President Ilham Aliyev attended official opening ceremony of Baku Energy Forum - UPDATED-3 - PHOTO

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