BAKU/18.09.13/TURAN : Turnover of money transfers in the banking system of Azerbaijan made in January -July 2013 the equivalent of 1,167.8 million ($ 1,489 million). Compared with the corresponding period last year is more on the 227.8 million or 25%. The volume of revenue is 2.5 times higher than the sum of shipments, which in turn increased by 3.7 % compared to the same period last year.
In July, turnover transfers made AZN 238.8 million, an increase compared with July last year by 53.8%.
According to the Central Bank of Azerbaijan, the average amount being sent increased from AZN 582.3 in January to AZN 944.4 in July and received - from 574.8 to 660.9 manat. The number of sent remittances increased from 66 000 to 81 000, and those received - from 156,300 to 245,500.
The total number of recorded remittances in the period was equal to 1,929.6 thousand, including those received - 1,385.2 thousand. - 15B -
Economics
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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