CBA expects current account surplus to continue to decline
The Central Bank of Azerbaijan (CBA) forecasts that in 2024 the surplus of the current operating balance of the country will be $7billion.
This was stated by CBA chairman Taleh Kazimov at a press conference. He added that in 2025 we expect a surplus of $6.5 billion.
As a reminder, in 2023, Azerbaijan's current account surplus was $8.3 billion to 11.5% of gross domestic product. This is down by 65% from 2022.
Finance
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The State Audit Office has conducted an efficiency audit of the Educational Student Loan Fund under the Ministry of Science and Education.
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An auction for the placement of Silk Way West Airlines bonds is being held today at the Baku Stock Exchange (BSE).
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Meqa Sığorta has won an open tender to provide voluntary health insurance for employees of the Azerbaijan Ground Transport Agency under the Ministry of Digital Development and Transport.
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The “Taxes” newspaper of the State Tax Service under the Ministry of Economy has published the names of newly registered commercial entities.
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