As of July 1, 2012 the total number of active payment cards issued by the Processing Center Ltd. Milli Kart amounted to 228,000 units. This is 37,000 or 19% more than recorded at the end of last year.
As reported in the center, the number of POS terminals owned by the company grew by 75% to 5.6 thousand, and the total number of ATMs increased by 7 units to 327.
The number of banks issuing MasterCard payment cards increased from 5 to 6, and the number of those producing local cards increased from 3 to 4. In the first half of this year, production of Visa cards was performed by 8 banks.
Today, Milli Kart provides services to 12 banks. - 15B -
Economics
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On January 16, the President of Azerbaijan has approved a sweeping Digital Development Concept, setting the stage for a national transformation in governance, economy, and society through the integration of advanced technologies such as artificial intelligence, blockchain, and 5G networks.
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Azerbaijan and the Maldives have taken steps to strengthen economic ties following meeting between the Azerbaijan Export and Investment Promotion Agency (AZPROMO) and Invest Maldives, the investment facilitation agency of the island nation. The discussions, held during the Azerbaijani government mission's visit to the Maldives, explored opportunities in key sectors including real estate, green energy, tourism, and transport.
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The Ministry of Economy of Azerbaijan has announced the results of a tender for the construction of a desalination plant to produce drinking water under a public-private partnership.
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Azerbaijan is nearing the completion of its winter crop sowing campaign for the 2025 harvest, with winter crops for grain and green fodder planted on 941,700 hectares as of Jan. 1, according to data from the State Statistics Committee.
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