In July of this year queries to the Central Credit Register (CCR) were 87,448, which is 11.3% more than in the previous month. Of the total number of calls only 0.2% was done by individuals.
According to the Central Bank, for seven months in 2012 CCR had 467.59 thousand requests. Compared to January-July 2011 the figure rose by 186.84 thousand units or 66.6%.
On August 1, 2012 the total number of borrowers reached 1.355 million, of which 1.332 million were individuals.
At the reported date the guarantors were equal to 489 thousand persons. The total number of credit data reached 3.555 million. - 15B -
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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