Finance
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In January-August 2024, the revenues of the state budget of Azerbaijan amounted to 25,223.4 million manats, and expenditures -22,362.4 million manats. This is reported by the State Statistics Committee.
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There are difficulties in applying the new Law “On Public Procurement” in Azerbaijan. This is stated in the information distributed by the Accounting Chamber on the analysis of budget parameters.
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In the first half of 2024 the capital outflow from Azerbaijan (negative balance of the country's financial account) totaled $2,209.4 million.
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The Azerbaijan Deposit Insurance Fund (ADIF) has announced the open auction of "Atabank"s movable property, which is in the process of liquidation. This is reported on the ADIF's website.
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