In February, the money supply in Azerbaijan decreased by 344.7 million manat or 4.7% to $ 6 billion 987 million manat, the Central Bank reported.
Compared to the beginning of the year, the money supply decreased by 11.1% or 873.5 million manat. In annual terms, the money supply increased by 598.5 million manat or 9.4%. --71D
Economics
-
Azerbaijan and EIB Global, the European Investment Bank’s external branch, signed a Memorandum of Understanding (MoU) at the COP29 climate summit to modernize and expand the Baku metro network, officials said on Thursday.
-
International Energy Agency (IEA) Executive Director Fatih Biröl underscored the importance of tripling global renewable energy capacity by 2030 and doubling energy efficiency during his remarks at a ministerial meeting in Baku on Friday, emphasizing that these issues would be central to discussions at COP 29.
-
During COP29, the Ministerial Meeting on Climate and Innovation Dialogue of the United Nations Special Programme for the Economies of Central Asia (SPECA) marked a milestone with the signing of a declaration to establish the SPECA Climate and Innovation Dialogue and the launch of the SPECA Multilateral Trust Fund.
-
Kazakhstan's Vice Minister of Energy, Ilyas Bakhytzhan, highlighted the ambitious sustainability and environmental security plans shared by Central Asian countries and Azerbaijan during a joint event with IRENA and Azerbaijan's Ministry of Energy at COP29.
Leave a review