
Number of ATMs and Pos-terminals Grows
As of March 1, Azerbaijan had 2,622 ATMs. Of these, 1,477 (56.3%) are located in the capital, while the remaining 1,145 are in the regions, according to the Central Bank of Azerbaijan. ATMs are a means of lump-sum cash withdrawal, as most of their users are pensioners and public sector workers, who do not have the possibility of accumulation.
Number of pos-terminals installed at trade and services amounted to 77,041 units (+ 5.5% YTD). Most of them (50,387) are located in Baku, and other 26,654 - at the periphery. At the same time more substantial growth is observed in areas (+ 16%). 75,816 or 98.4% of all pos-terminals have been installed in retail facilities. --17D-
Economics
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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Данная инициатива направлена на цифровизацию процессов управления в сфере безопасности пищевых продуктов в Азербайджане, создание более эффективной и прозрачной системы за счет применения современных технологий.
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Azerbaijan’s President Ilham Aliyev has signed a decree confirming an agreement between the governments of Azerbaijan and Russia aimed at boosting transit cargo shipments along the "North-South" international transport corridor.
Что ждать Что ждать Азербайджану от новой администрации США? - беседа с Лоренсом Шитсом
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