Azerbaijan reduces balance of payments surplus by more than 35 times
Total surplus of Azerbaijan's balance of payments amounted to $181.6 million in January-September 2024.This was reported by the Central Bank of Azerbaijan.
According to the data, this is down by 35.2 times from the same period of 2023.
Note that the total surplus was formed at the expense of surplus of the country's current account balance in the amount of $ 3,952.9 million, deficit on the financial account in the amount of $ 3,570.5 million and deficit on balance sheet items in the amount of $ 200.8 million.
Finance
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The Central Bank of Azerbaijan (CBA) has issued a warning to ‘PashaPay’.
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On 11 February, the Ministry of Finance, the Swiss State Secretariat for Economic Affairs (SECO) and the World Bank jointly organised an opening session of trainings on ‘Implementation of the New Budgetary Mechanism in Azerbaijan and Capacity Building in this area’.This was reported by the Ministry.
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Chairman of the Central Bank of Azerbaijan Taleh Kazimov has met with members of the Azerbaijan Fintech Association.This was reported by the chief banker himself.
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Subscription for ordinary, undocumented, registered shares of ‘Legion Financial’ JSC (provides leasing services) with the code AZ1001025464 ISIN, worth AZN 605, 000 has started today. This is reported by ‘Baku Stock Exchange’ (BSE).
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