The authorized capital of the Central Bank of Azerbaijan has totaled 500 million AZN. This became known after the Milli Majlis at today's meeting approved amendments to the Law on the Central Bank. Recall, the current level of authorized capital of the Central Bank is 10 million AZN.
The MPs also approved Article 5 of the law providing for the expansion of the functions of the main regulator of financial flows. Now, the CBA will calculate the total external debt of the country on both public and private sectors, as well as make international investment balance and compile and disseminate the information. --17D-
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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