The Central Bank of Azerbaijan has made new appointments. In connection with the transfer of the authority of the Department of Prudential Policy and Methodology to the management of the Financial Market Control House (FMCH), its head Leila Nabiyeva became the Director of the Department of International Cooperation and Communication.
The new head of the CBA Chairman Office is the head of the former Financial Monitoring Service (FMS) Adishirin Gasimov, as the FMS functions were transferred to FMCH.
Recall that in April Ali Ahmadov was appointed the Director of the CBA Market Operations Department instead of Nigar Mammadova, who was appointed by the Head of State Vice President of the Board of Directors of FMCH on March 28. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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