BAKU/20.12.13/TURAN : Turnover of urgent money transfers in Azerbaijan's banking system was in January- October 2013, equivalent to 1,858.4 million ($ 2.4 billion ) . Compared with the corresponding period last year is more on 410.4 million or 28.3% . The volume of income is 2.2 times higher than the sum of shipments, which in turn increased by 27 % compared with the same period last year .
In October, turnover amounted to 242.8 million translation manat , an increase compared with last October by 36.4 %.
According to the Azerbaijani Central Bank , the average amount being sent increased from AZN 582.3 in January to 916.7 manat in October and received - from 574.8 to 658.1 manat manat. The number of sent transactions grew from 66,000 to 94,800 , and received - from 156,300 to 236,900 .
The total number of recorded remittances during the period equal to 2882 thousand , including those received - 2093.2 thousand. - 15B -
Economics
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As part of the COP29 climate summit, Azerbaijan’s Minister of Economy, Mikayil Jabbarov, held a key meeting with Ibrahim Al-Isri, Chief Investment Officer of the Oman Investment Authority (OIA). The discussions underscored the growing economic collaboration between Azerbaijan and the Gulf Cooperation Council (GCC) countries.
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A panel discussion under the theme "Heritage Development for a Sustainable Future: Agriculture, Culture, and Adaptation to Climate Change" was held as part of the 29th session of the UN Framework Convention on Climate Change (COP29). The event, organized at the ICESCO Blue Zone pavilion, focused on integrating agricultural heritage with modern practices to address climate change, biodiversity preservation, and sustainable development.
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