Parliament Approved Elman Rustamov Member of Board of Central Bank
Elman Rustamov and Khagani Abdullayev have been appointed members of the Board of the Central Bank of Azerbaijan. The decision was taken at the plenary session of the Milli Majlis on April 3.
The deputies welcomed the activities of Elman Rustamov on this post. Speaker Oktay Asadov called Rustamov "professional staff".
Elman Rustamov was the head of the Board of the Central Bank since 1995 and Khagani Abdullayev was elected to the Board in 2010.
Powers of Elman Rustamov completed on April 6 in connection with which the head of state proposed his re-election for another 5-year term.
Recall that the name of Elman Rustamov was inclined in a corruption scandal in 2013, regarding a bribe during the printing of the Azerbaijan national currency in Austria.
Serious criticism of Rustamov was also caused by his statement on the eve of a sharp devaluation of the manat in February, although he claimed that this would not happen. -03D04-
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- Economics
- 3 April 2015 14:41
Economics
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The unexpected re-election of Donald Trump to the U.S. presidency has sent shockwaves through global markets, leaving traders braced for sweeping policy changes under his administration. Futures on the S&P 500 climbed 2.2%, the dollar experienced its sharpest rise since 2020, and Bitcoin reached a historic high of $75,000. Meanwhile, U.S. Treasury bonds took a hit as investors anticipated accelerated inflation, pushing the yield on 30-year Treasuries up by 20 basis points to 4.65%. Tesla shares surged over 12% in pre-market trading on November 6, partly fueled by CEO Elon Musk’s vocal support for Trump during the campaign.
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Azerbaijan saw 22,446 flights conducted in January-October this year, a 19.4% increase over the same period last year, according to the State Tourism Agency.
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In Azerbaijan, electric vehicle (EV) charging stations are being installed by both the state-owned company “Azerishiq” and private firms. However, many drivers told Azadliq Radio that electricity at these stations costs more than gasoline or diesel.
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Process indicators, which are determined by the number of training and public awareness activities carried out, the level of interaction with stakeholders, including the number of meetings and their attendance.
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