Day: November 19, 2025
Since 2022, reforms aimed at strengthening the transmission mechanism by the Central Bank have contributed to a significant reduction in dollarization in the economy. Resident currency operations in dollars fell sharply over the past year to 28.5 percent, the lowest level in history, reflecting both stable expectations and growing confidence in the manat.
In line with international trade regulations, the Azerbaijan Food Safety Agency (AFSA) received a request from Israel’s Ministry of Agriculture and Food Security to verify the authenticity of phytosanitary certificates, Azernews reports. Upon examination, the certificates submitted were found to be falsified.
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Мадуро хочет переговоров
S&P Global Ratings anticipates a gradual decline in SOCAR’s hydrocarbon production under its current operational model. SOCAR’s 2024 production amounted to 7.5 million tons of crude oil and 7.7 billion cubic meters of natural gas from its directly operated assets. The company additionally holds minority stakes in major international consortia-led fields, notably:
