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Baku/31.05.23/Turan: Of the planned rise in expenditures of the state budget of Azerbaijan for 2023 worth 3,215 bln manats, 2.26 bln manats, or about 70%, will be used to accelerate work in the territories liberated from occupation.
This was reported by the Ministry of Finance.
It must be recalled that this year the government initially planned to spend 3 bln manats on Karabakh. After the increase, these expenditures will be 5.26 bln manats and amount to 14.4% of the expenditures of the updated budget. -0-
Finance
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The Central Bank of Azerbaijan (CBA) has issued binding orders regarding 'Unibank' and 'Rabitabank'.This is reported on the CBA website.
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Chairman of the Board of Trustees of the Mandatory Life Insurance Bureau (MLIB) Ziya Aliyev has been relieved of his post.
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‘Baku Stock Exchange’ (BSE) has published operational indices for January 2025. Last month, 10,309.1 deals worth $3,189 million were concluded at the exchange. This is up by 4.55 times and up by 3.4 times from the same period of the last year respectively.
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An auction on placement of the interest-bearing, registered, unsecured, undocumented bonds of the joint stock company ‘Ferrum Kapital’, which provides factoring services in Azerbaijan, with the code AZ2018022288 ISIN , nominal value of AZN 1 million, circulation term of 2 years, was not held at the Baku Stock Exchange (BSE). This is reported by the BSE.
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