Baku people, according to the statistics of the Central Bank of Azerbaijan, are the wealthiest citizens of Azerbaijan - in their accounts as of 1 October were 92.7% of all bank deposits, or 6 billion 774 million 651.5 thousand AZN ( 1.9% YTD).
On average, capital deposits from the public were made at the rate of 8.1% per annum, with most of them (the equivalent of 5 billion 263 million 835.7 thousand AZN) transferred into hard currency. Contributions in manats disastrously (2.66 times) decreased from the beginning of the year, amounting to 1 billion 510 million 815.8 thousand AZN. Banks also prefer foreign currency – the deposits are accepted at a rate of 8.4% per annum, while in manats – at 7.4% per annum.
If the contributions from residents of the capital rise, in the regional offices they are reduced (minus 0.6% as of 1 October) and for the reporting period they make up 537 million 154.8 thousand manats. --17D-
Economics
-
In Azerbaijan, there has been an observed increase in the price of flour. In May, a 50-kilogram sack of flour cost 25-26 manats, but now it has risen to 29 manats. This increase in the price of flour is also reflected in the data from the State Statistics Committee (SSC).
-
Azerbaijan and Israel have engaged in discussions to advance cooperation in the field of green energy, Azerbaijan's Energy Minister Parviz Shahbazov announced on the social network "X." During the meeting with Israeli Minister of Regional Cooperation David Amsalem, both sides reviewed ongoing cooperation in the hydrocarbon sector, discussed renewable energy projects currently being implemented in Azerbaijan, and explored prospects for enhancing bilateral energy ties.
-
The Milli Majlis of the Republic of Azerbaijan has introduced significant amendments to the nation’s food safety law, aiming to enhance regulation over the production and importation of alcoholic beverages, particularly vodka. The amendments, ratified by President Ilham Aliyev, are intended to ensure compliance with stringent safety and economic criteria, reflecting the government's commitment to maintaining public health standards and fiscal accountability.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved amendments to the list of specialized medical institutions authorized to perform donor organ transplants. The changes, guided by the eighth paragraph of Article 119 of the Constitution of Azerbaijan, were announced in resolutions No. 337 and No. 338, signed by Prime Minister Ali Asadov.
Leave a review