Baku / 05.10.17 / Turan: As of August 31, the money supply in Azerbaijan increased by 202,800,800 manat or 2.4% compared to the previous month, amounting to 8,671,200,000 manat.
In the third quarter, the money supply increased by 396 million 700 thousand manat or 4.8% compared to the second quarter, and since the beginning of the year the money supply grew by 810 million 700 thousand manat or 10.3%.
In a one-year comparison, the money supply increased by 1,860,900,000 manat or 27.3%. ----71D
Finance
-
From 15 January the State Oil Company (SOCAR) will issue ‘Green Bonds’.This is reported by SOCAR.
-
On January 10, President Ilham Aliyev signed an order to dismiss Finance Minister Samir Sharifov. He had held this position since 2006.
-
The Central Bank of Azerbaijan (CBA) has changed the ‘Procedure for purchase and sale of foreign currency between the Central Bank and banks’, which it approved on 15 November 2022.
-
In 2024, the economic growth in Azerbaijan made up 4.6%; it is expected that in 2025-2026 this index will make up an average of 3%.This is stated in the UN report ‘World economic situation and prospects 2025’.
Leave a review