By April 1, the foreign assets of Azerbaijan were at the level of $ 2,308,194,000, with $ 316,868,000 attracted from abroad. Thus, according to the balance of payments statistics by the Central Bank of Azerbaijan, there was a surplus of $ 1,991,326,000.
The main share of assets is for deposits and cash ($ 1 billion 498.2 million). $ 140.9 million arrived in the country in this segment (+ $ 1 billion 357.3 million). However, it is not much in comparison with the previous year, when $ 13 billion 720.8 million settled in foreign financial institutions and the Azerbaijani banks received $ 4 billion 695.6 million. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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