From today, the authorized capital of the Central Bank of Azerbaijan Republic (CBA) is 500 million AZN. The corresponding decree of President of Azerbaijan regards the amendments to the Law "On the Central Bank".
Also, the changes are relating to Article 5 of the law providing for the expansion of the functions of the CBA, which has the right to calculate the consolidated foreign debt (public and private sectors), the international investment balance, a synthesis of such information and its dissemination.
Recall, the authorized capital of the Central Bank amounts to 10 million manats. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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