In accordance with the scope of services provided to clients the company "BoB Broker" in August 2012 took up leadership in the ranking of the brokers of the government securities market (excluding repo operations). This month it provided brokerage services in the amount of 9.99 million manat. Moved up to second place the company "Celsi Kapital", with the sum of the operation in 8.99 million, the third place was at "Texnika Kapital Menecment with brokerage services of 7.02 million manat.
Number of brokers operating in the market in August decreased from the previous month by 1 to 5. - 15D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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