Economy of Azerbaijan from abroad increased at 7 months of this year, an amount equivalent to 2,222,314,200 manats (+46.7% compared to the same period last year).
The committee said these financial contributions were received from foreign companies and international financial institutions. The leaders are British companies, investing in local structures more than a third of all investments (855,693,300 AZN). They are followed by the U.S. companies - 267 148 700 manats.
This is followed by investors from Norway (255.19 million), Japan (228.86 million), the Czech Republic (156.5 million), Turkey (135.81 million) and France (77.53 million)
The leader among international organizations is the World Bank, the Azerbaijan capital for 67,498,900 manats. On account of the Asian Development Bank's 28.81 million manat, the Islamic Development Bank - 7.77 million manat, the Council of Europe - 1,017,700 manats. The rest of the investment was in the company of others. - 17D-
Economics
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The INMerge Innovation Summit, organized by PASHA Holding, continued in Baku on Friday. The summit brought together leading industry leaders, startups, and investors in the fields of fintech, e-commerce, artificial intelligence, and digital business.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new regulation titled “Procedure for the Transfer of Regulatory Functions and Duties for Flight Safety Supervision,” aligning with the country’s obligations under international civil aviation agreements.
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In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.
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The shareholders of JSC "Saba" (Səba) have scheduled an extraordinary general meeting for October 28 at 15:00, where the main agenda item will be the liquidation of the joint-stock company and the formation of a liquidation commission, according to company announcements.
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