The financial system crisis-free stable
All observers say one and the same thing: financial situation of Azerbaijan is stable now. Resources of the State Oil Fund of Azerbaijan (SOFAR) allow solving all the problems in the real sector of economy as well as help to implement strategic projects of the government.By August 1, 2012 Central Bank of Azerbaijan (CBA) accumulated currency and gold resources worth $11046 million and keeps on maintaining stable exchange rate and development of t...
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- Politics
- 13 August 2012 23:05
Analytics
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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