The money supply increased in September 2013 by 78.4 million or 0.5 % to 14,809.6 million manat. Over the past 12 months, the volume of manat funds in the economy increased by 2,407.2 million or 19.4%.
According to the Azerbaijani Central Bank, the amount of cash outside the banking system increased in September by 44 million or 0.5 % to 9560 million manat. Non-cash increased by AZN 35.2 million or 0.7 % to 5249.6 million manat. The share of the latter in the structure of AZM treatment increased to 35.4 %.
Broad money expanded in the reporting month by 171.3 million or 1%, for the year - to 2,270.3 million or 15 % to 17,613.6 million manat.
The volume of foreign exchange supply in the banking system increased in September by 92.9 million or 3.4% to the equivalent of 2,804 million manat. During the year foreign exchange mass decreased by 4.7 %. The share of manat resources in the total money supply amounted to 84.1 %, up 3.3 % compared to October 1, 2012.
The total monetary base rose in September by 0.1 %, while for the year - by 13.8 % to 10,697.2 million manat. Manat monetary base declined slightly in the reporting month amounted to 10,615.9 million manat (August - 10,616.8 million). - 15V -
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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