All the bodies subordinated to the Ministry of Education since the beginning of 2017 will be transferred from the customer base of the International Bank of Azerbaijan to Capital Bank.
Confirming this information for Turan, the Advisor to the Rector of Baku State University on Financial Matters Mazahir Sultanov noted that the process began in January.
“This process is not only for BSU, but also for all educational institutions subordinate to the Ministry of Education,” he said.
According to him, many bank accounts have been transferred to Capital Bank.
Note that all teachers and other staff of universities were paid through IBA. ----71D
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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