In June, the surplus cash turnover decreased
Total cash receipts to banks in January-June 2013 amounted to 18.164 billion manat, which is 23.4% more compared to the same period last year. The largest share of the parish provided the sale of foreign currency - 31.8%. The share of sales of goods had 17.3% of income on loans - 8.7% of income on deposit accounts - 5.3%, revenues from ATMs - 4.9%, revenues from services and work - 4.5%, revenue of notary account when buying property - 4.4%, etc.
According to the Azerbaijani Central Bank, the surplus cash turnover was 61 million manat (-125 million manat in June). Thus, the cost of cash flow for the period amounted to 18.103 billion manat. This is 18.2% more than in 2012. Of the total expenditure accounted for 28.1% of the cost of purchasing goods and services, 25.3% - costs associated with ATM cash collateral, 11.3% - the cost of buying foreign currency, 7.5% - mortgage payments, 5.7 % - spending a notary accounts for property transactions, 3.7% - payments from deposit accounts, etc.
Cash balance for the first six months of the year amounted to 389 million manat, which corresponds to 2.1% of cash receipts during that time.
The average of the daily cash receipts amounted to 10,358 manat, expenses - 100,021 manat. - 15B -
Economics
-
The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
-
The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
-
As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
-
Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
Leave a review