The Financial Markets Supervision Authority (FIMSA) on February 27 registered 500 thousand short-term notes of the Central Bank of Azerbaijan at the par value of 100 manat each.
The maturity of the notes is 28 days.
In February, FIMSA registered five emissions of short-term notes of the Central Bank for a total amount of 700 million AZN.
Note that notes are issued as part of anti-inflation measures. In addition, for the sterilization of money the Central Bank has been conducting a weekly deposit auction since June 2016. -71D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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