International reserves of Azerbaijan in 2013 widened by almost 20%
BAKU/27.01.14/TURAN : International assets excluding Azerbaijan State Oil Fund of Azerbaijan fell in December last year to $ 75.9 million or 0.5 % to $ 14,643.4 million.
According to the Central Bank of Azerbaijan , in the structure of international assets in the reporting month increased funds in various foreign currencies (mainly U.S. dollars and euros ) to $ 14,643.4 million cost of the basket of Special Drawing Rights (SDR), which paid the country's share in the authorized capital of the International Monetary Fund decreased by 2.2% to $ 238.29 million
For the annual period of the country 's international assets increased by $ 2,399.9 million , or 19.6%. - 15V -
Economics
-
Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
-
The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
-
BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
-
In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
Leave a review