The international assets of Azerbaijan, excluding the State Oil Fund of Azerbaijan, fell in December last year by $ 734.2 million, or 5.7%, to $ 12,243.41 million.
According to the Central Bank of Azerbaijan, in the structure of international assets in the reported period funds in various foreign currencies (primarily U.S. dollars and euros) decreased to $ 12,006.3 million and the 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, decreased by 6.5% to $ 236.91 million.
For the annual period the country's international assets increased by $ 1,079.7 million, or 9.7%. - 15V -
Economics
-
On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
-
The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
-
Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
-
Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
Leave a review