The population of Azerbaijan as of May 1 held private contributions of 7 billion 717.2 million manats in banks (+ 7.3% to 1 January), the report of the Central Bank of Azerbaijan (CBA) said.
This is a significant increase after the February devaluation. Recall, by March 1 private bank deposits fell by 151.1 million manats or 1.9%, and by early April a downward trend was observed in confidence in the banking system (minus 64.1 million manats or 0.83%). --17D-
Economics
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
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