CBA Issued Additional 3 Billion 716.6 Million Manats
On June 1, Azerbaijan put into circulation an additional 3 billion 716.6 million manats (13.14 times more than by 1 June of last year - 282 million 882 thousand manats). According to the Central Bank of Azerbaijan, before the devaluation of the manat currency issue grew annually by an average of 39.25%.
In January-May cash flow amounted to 35 billion 412 million 495 thousand manats compared to 31 billion 962 million 308 thousand manats a year earlier, which means a growing preference for cash on operations. --17D-
Economics
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
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Kuwait’s Crown Prince Sheikh Sabah Khaled Al Hamad Al Sabah affirmed the country’s commitment to environmental sustainability during a high-level meeting at the COP29 summit in Baku on Wednesday, emphasizing Kuwait’s adherence to international climate agreements, including the Kyoto Protocol and the Paris Agreement.
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