diff --git a/.github/release-please/manifest.json b/.github/release-please/manifest.json
index 89688e25..d1eff552 100644
--- a/.github/release-please/manifest.json
+++ b/.github/release-please/manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.11.3"
+  ".": "0.11.4"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 875ee397..cf2eb698 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+## [0.11.4](https://github.com/fluencelabs/aqua/compare/aqua-v0.11.3...aqua-v0.11.4) (2023-06-13)
+
+
+### Features
+
+* **tracing:** Introduce function calls tracing [fixes LNG-169] ([#732](https://github.com/fluencelabs/aqua/issues/732)) ([e9c0044](https://github.com/fluencelabs/aqua/commit/e9c004452e48a22dfff2ddd64f1d98797ac6db84))
+
+
+### Bug Fixes
+
+* **aqua-api:** Compilation to js/ts for file without exports [LNG-196]  ([#744](https://github.com/fluencelabs/aqua/issues/744)) ([8c2240d](https://github.com/fluencelabs/aqua/commit/8c2240d3b16e6f3f968d393aeb1136ffffc9464c))
+* **compiler:** Fix closure call compilation [fixes LNG-193] ([#741](https://github.com/fluencelabs/aqua/issues/741)) ([c5534a9](https://github.com/fluencelabs/aqua/commit/c5534a964c21d48bd944e9c62e144cbbbd58625f))
+
 ## [0.11.3](https://github.com/fluencelabs/aqua/compare/aqua-v0.11.2...aqua-v0.11.3) (2023-06-09)
 
 
diff --git a/api/aqua-api-npm/package-lock.json b/api/aqua-api-npm/package-lock.json
index e3ec2fe7..59a7a781 100644
--- a/api/aqua-api-npm/package-lock.json
+++ b/api/aqua-api-npm/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@fluencelabs/aqua-api",
-  "version": "0.11.3",
+  "version": "0.11.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@fluencelabs/aqua-api",
-      "version": "0.11.3",
+      "version": "0.11.4",
       "license": "Apache-2.0",
       "devDependencies": {
         "@fluencelabs/fluence": "0.28.0"
diff --git a/api/aqua-api-npm/package.json b/api/aqua-api-npm/package.json
index d84b885d..9fe2a47e 100644
--- a/api/aqua-api-npm/package.json
+++ b/api/aqua-api-npm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@fluencelabs/aqua-api",
-  "version": "0.11.3",
+  "version": "0.11.4",
   "description": "Aqua API",
   "type": "commonjs",
   "files": [
diff --git a/build.sbt b/build.sbt
index c3163d27..54fce4bb 100644
--- a/build.sbt
+++ b/build.sbt
@@ -2,7 +2,7 @@ val dottyVersion = "3.3.0"
 
 scalaVersion := dottyVersion
 
-val aquaVersion = "0.11.3"
+val aquaVersion = "0.11.4"
 
 val catsV = "2.8.0"
 val catsParseV = "0.3.8"
diff --git a/cli/cli-npm/package-lock.json b/cli/cli-npm/package-lock.json
index c84bd901..0be939ae 100644
--- a/cli/cli-npm/package-lock.json
+++ b/cli/cli-npm/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@fluencelabs/aqua",
-  "version": "0.11.3",
+  "version": "0.11.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@fluencelabs/aqua",
-      "version": "0.11.3",
+      "version": "0.11.4",
       "license": "Apache-2.0",
       "dependencies": {
         "@fluencelabs/aqua-ipfs": "0.5.9",
diff --git a/cli/cli-npm/package.json b/cli/cli-npm/package.json
index 1816824e..0deb96e9 100644
--- a/cli/cli-npm/package.json
+++ b/cli/cli-npm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@fluencelabs/aqua",
-  "version": "0.11.3",
+  "version": "0.11.4",
   "description": "Aqua compiler",
   "type": "module",
   "files": [
diff --git a/language-server/language-server-npm/package-lock.json b/language-server/language-server-npm/package-lock.json
index 879d66e6..ae6c7c2b 100644
--- a/language-server/language-server-npm/package-lock.json
+++ b/language-server/language-server-npm/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@fluencelabs/aqua-language-server-api",
-  "version": "0.11.3",
+  "version": "0.11.4",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@fluencelabs/aqua-language-server-api",
-      "version": "0.11.3",
+      "version": "0.11.4",
       "license": "Apache-2.0"
     }
   }
diff --git a/language-server/language-server-npm/package.json b/language-server/language-server-npm/package.json
index ae740f67..d047995b 100644
--- a/language-server/language-server-npm/package.json
+++ b/language-server/language-server-npm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@fluencelabs/aqua-language-server-api",
-  "version": "0.11.3",
+  "version": "0.11.4",
   "description": "Aqua Language Server API",
   "type": "commonjs",
   "files": [