The international assets, excluding the State Oil Fund of Azerbaijan, fell in August by $ 229 million, or 1.9%, to $ 11,703.5 million. Compared to the beginning of 2012, this figure increased $ 539.78 million or 4.8%.
According to the Central Bank of Azerbaijan, funds in various foreign currencies (primarily U.S. dollars and euros) reduced to $ 11,450.29 million. The cost of the basket of Special Drawing Rights (SDR), which pays for the country's share in the authorized capital of the International Monetary Fund, increased 0.8% to $ 253 million.
For the annual period the country's international assets increased $ 4,006.3 million, or 52%. -15B-
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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