The Central Bank of Azerbaijan on Thursday once again raised the dollar rate. According to the CBA, the official exchange rate for September 2 is: 1 USD / 1.6362 manats ( on 1September was - 1USD / 1,6321AZN). It should be noted that, since June, the rate of dollar is growing. However, currently dollar deficits observed. Some commercial banks sharply limited the sell of foreign currency, the other part does not sell it. -77D-
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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