In January 2017 foreign exchange reserves of the Central Bank of Azerbaijan in comparison with the same period last year decreased by 0.01%, or 71 million 300 thousand dollars, amounting to 4 billion 327 million 200 thousand dollars.
According to Turan, in January 2017, foreign exchange reserves of the Central Bank in the past month increased by 0.09%, or 352 million 800 thousand dollars.
In general, for the fourth quarter of 2016 the Central Bank's foreign exchange reserves decreased by 158 million 300 thousand dollars, or 0.04%, down from 4 billion 132.7 million to 3 billion 974.4 million dollars. 71D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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