According to the Central Bank of Azerbaijan (CBA), up to December 1, 2014 the turnover of the national system of large payments (AZIPS) was 93 111 million manat (minus 8.7% to the end of a year ago).
In this format, they performed 453,000 operations (-0.7%), with an average size of a large payment at 196,500 manat.
Within the system of small payments (XOHKS) by December 1, 25,490,000 operations were held in the absolute volume 13,483 million AZN. Here the tendency is to increase - turnover increased by 0.9%, while the number of transactions - by 6.1%, with an average size of small payments at 565.6 manat (+ 1.7%). --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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