The Central Bank of Azerbaijan, September 23-27, held a seminar in the framework of the international standardization process of examination of banknotes and securities.
According to the report of the Central Bank, the seminar was held by Secure Monde International (UK), which is a leading international company in the field of expertise and production technologies currency.
Under this initiative, expected to improve the examination process of banknotes and securities , acquisition and implementation of modern technological system in this area , the establishment of appropriate human resources.
The event was attended by members of the Central Bank and its regional centers, as well as commercial banks and law enforcement. The seminar participants were presented with certificates. -15D
Economics
-
As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
-
Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
-
As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
-
Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
Leave a review