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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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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