As of January 1, 2017 banks attracted deposits from the population totaling 7 billion 449 million 480.4 thousand manat.
With reference to the statistics of the Central Bank of Azerbaijan, the population's deposits mainly account for the residents of Baku - 93.3%, or 6 billion 950 million 90.1 thousand manat, of which 5 billion 687 million 526.4 thousand manat is in foreign currency. Compared to the same period of 2016, the index of deposits in the capital is 21.6% less. -----71D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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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.
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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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