Turnover of urgent money transfers in Azerbaijan's banking system was in January- September 2013, equivalent to AZN 1,615.6 million ($ 2.1 billion). Compared with the corresponding period last year it was 345.4 million or 27.2% more. The volume of income was 2.3 times higher than the sum of shipments, which in turn increased by 20.8 % compared with the same period last year .
In September, turnover amounted to 215.4 million translation manat , an increase compared with last September by 33.1 %.
According to the Azerbaijani Central Bank, the average amount sent increased from AZN 582.3 in January to 837.9 manat in September and received - from 574.8 to 622 manat. The number of sent transactions grew from 66,000 to 83,300 and the number of those received - from 156,300 to 234,100.
The total number of recorded remittances during the period was equal to 2,558 thousand, including those received - 1,856.3 thousand. - 15B -
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
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.
-
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.
Leave a review