Baku / 04.10.17 / Turan: Foreign exchange reserves of the Central Bank of Azerbaijan increased by 66 million 300 thousand dollars or 1.3% by the end of September compared to the previous month, amounting to 5 billion 167 million 500 thousand dollars.
Compared to the second quarter of this year, in the third quarter, foreign exchange reserves increased by 203 million 400 thousand dollars or 4%, and since the beginning of the year, foreign exchange reserves increased by 1 billion 193 million 100 thousand dollars or 30%.
In a one-year comparison, foreign exchange reserves grew by 1 billion 034 million 800 thousand dollars or 25%. -----71D
Finance
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The Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
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In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end of the last year.
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Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
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As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
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