The Central Bank of Azerbaijan (CBA) due to an insufficient number of applicants (at least three) recognized invalid the quoted survey to establish elements of the corporate style in CBA in accordance with international standards, and announced a new one.
Entries to the competition are accepted until October 17 in the administrative building of the bank (32 R. Behbudov Street). The bids will be opened at 10 a.m. the next day in the same place.
For more information, refer to R. Hajiyev (the phone number 493-11-22 (ext. 501). -15D-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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