In 2014, the turnover of investment securities in Azerbaijan amounted to about 13.2 billion manat. According to the State Securities Committee, the share trading platform of derivative financial instruments accounted for 32% of the securities market.
Through BSE was concluded 26,787 contracts totaling the equivalent of 4 billion 94.7 million manat of trade derivative securities on the basis of currency. In addition, investors have made about 3 000 operations totaling 204.6 million manat.
According to the BSE (http://www.bfb.az/forex/canli-mezenneler), currently on the FOREX exchange there are carried out operations on more than 50 currency pairs, Brent, gold and silver.
Liquidity of the FOREX market is provided by the company Invest-AZ. Financial transactions are carried out by Standard Capital, Uni Bank and Demir Bank. --- 08B
Economics
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Azerbaijan has introduced new rules to simplify the leasing of agricultural land on liberated territories, aiming to attract investments and enhance agricultural productivity, according to a presidential decree issued on November 27, 2024.
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The Asian Development Bank (ADB) allocated $10.5 million to support the retail sector in Azerbaijan, marking another step in its ongoing support for the country’s economic modernization. These investments align with Azerbaijan's broader ambitions to diversify its economy and strengthen small and medium-sized enterprises (SMEs), which are key pillars of sustainable growth.
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At today’s session of the Milli Majlis, Azerbaijan’s parliamentarians discussed and approved in the first reading a draft law increasing the minimum subsistence level for 2025. The updated figures reflect a modest rise of 10 manats, setting the nationwide living wage at 285 manats. For specific demographics, the levels are 305 manats for the working population, 232 manats for pensioners, and 246 manats for children. The same session also approved the criterion of need at 285 manats for the coming year, aligning it with the national living wage.
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This year, the plans of the Australian holding Fortescue Future Industries (FFI) for developing "green" projects in Azerbaijan have been adjusted, though negotiations initiated two years ago are ongoing, an informed source told Turan.
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