Manat monetary base at the end of November 2013 amounted to 10787.7 million manat, increasing the reporting month by 55.5 million or 0.5 percent.
According to the Central Bank, since the beginning of the year the monetary base expanded by 272.7 million or 2.6% and over the past 12 months - by 1441.7 million or 15.4%.
Monetary base is the amount of cash and cash commercial banks deposited with the Central Bank as required reserves. With this money the Central Bank fulfills its obligations to commercial banks and the government. -15B -
Economics
-
The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
-
The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
-
The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
Leave a review