BAKU/23.10.13/TURAN : International assets excluding Azerbaijan Oil Fund of Azerbaijan increased in September this year at $ 290.72 million , or 2.2% , to $ 13,979.24 million compared to the beginning of the year , it increased by $ 1,553 8 million , or 12.7%.
According to the Central Bank of Azerbaijan, in the structure of international assets in the reporting month increased funds in various foreign currencies (primarily U.S. dollars and euros ) to $ 13,560.56 million cost of the basket of Special Drawing Rights (SDR), which paid for the country's share in the authorized capital of the International Monetary Fund rose by 1.5% to $ 236.49 million
For the annual period of the country 's international assets increased by $ 1,546.34 million or 12.6 %. - 15V -
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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