In January 2017, credit investments increased by 1.75% or 279.6 million AZN, amounting to 16 billion 250.8 million manat.
In comparison with the same period of the previous year, credit investments decreased by 21.3% or 4 billion 353 million 100 thousand manat.
The loan portfolio of banks and non-banking credit organizations increased by 1.6% as of February 1, 2017, to 16 billion 705.2 million manat.
Out of the total volume of loans issued at the end of January, loans in national currency decreased by 3%, amounting to 8 billion 406.8 million manat, and loans in foreign currency increased by 6.6% to 8 billion 298.3 million manat. -----71D
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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