Credit organizations of Azerbaijan carried out in June 2012, 1,876,000 money orders totaling 10,167 million AZN. The number of payments was 263 thousand and the total turnover increased from the previous month by 272 million manat.
Compared with the corresponding period last year, the number of payments in January-June increased 4,472,000 or 57.8% to 12,209,000, and their volume increased 10,566 million AZN or 23.6% to 55,381 mln AZN.
In the structure of payment transactions in January-June, the share of large and urgent payments was 1.8% (217,000) of the total number and 91.1% (50,477 million) of the total value. The average size of this category of payments decreased compared to June 2011 by 1.5% to 219,200 manat, and small and medium size retail payments increased by 43% to 522.9 manat.
As of July 1, 2012 payment system users were 54 organizations, 50 of which could make large and urgent payments. - 15B -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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