Bank deposits of the population in Azerbaijan on June 1, 2014 amounted to 6643 million manat (+3.9% YTD).
According to the Central Bank of the Republic of Azerbaijan, the overall increase is observed amid falling in April by 1.2%. Nearly two-thirds (62.6%) of deposits of the population are held in the national currency - 4.1588 billion manat (+7%).
Other money, that is 2,484,200,000 AZN, is stored in foreign currency (minus 0.9%).
The volume of bank deposits of residents (persons residing in the country for more than half of last year) is 6,030.3 million manat (+7.3%), and those of non-residents are 612.7 million manat (minus 21%).
By June 1, the volume of deposits in banks in Azerbaijan was 13 billion 637 million manat (+ 9.3% YTD). - 17D-
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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