After the evening speech of the head of state on the reduction of the manat, the situation in the banking sector has not undergone major changes. In the morning queues in banks decreased, but special activity is not observed at exchangers.
At the same time, the number of people wishing to sell dollars and euros is more than those willing to buy foreign currency.
A difficult situation remains with bank cards. In particular, bank transfers of money abroad through cards are hampered.
Prices in grocery stores have changed little, but household appliances and industrial goods rose and prices have not decreased after assurances from the authorities that they will remain at the same level.
Up to now the issue of payment of foreign currency loans has not been clarified. Depositors have not received an answer to the main question: how to pay dollar loans if the amount has automatically increased by 33.5% due to the devaluation of the manat. -02B-
Economics
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Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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