Non-cash payments by ATM for 11 months of 2016 made 296 million manat, at an annual increase of 1 million manat.
According to the Central Bank of Azerbaijan, during the reporting period through POS-terminals there were non-cash payments in the amount of 467 million manat – AZN 109 million more than in the same period of 2015.
The total volume of non-cash payments through ATMs and POS-terminals amounted to 763 million Manat, an increase of 16.9% or 110 million AZN. -------71D
Economics
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A high-level event titled “Trio of COP Presidencies Dialogue: Roadmap for Mission 1.5 towards a Future of Shared Prosperity” was held within the framework of the 29th session of the United Nations Climate Change Conference (COP29).
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The State Oil Company of the Azerbaijan Republic (SOCAR) and Slovakia's largest gas operator, Slovenský Plynárenský Priemysel (SPP), have signed a short-term pilot contract for the supply of natural gas, according to sources in Slovakia.
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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