Azerbaijan's Strategic Foreign Exchange Reserves Multiply - Deputy Minister
Date
11/18/2024 7:04:07 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 18. Azerbaijan's
financial safety net, strategic foreign exchange reserves, grew by
1.6 times from 2019 to November 1, 2024, reaching $73 billion, the
country's Deputy Minister of Economy Samad Bashirli said during a
meeting of the Parliamentary Committee on Economic Policy,
Industry, and Entrepreneurship on the draft law "On the state
budget of Azerbaijan for 2025" today, Trend reports.
He pointed out that in recent years, a high degree of economic
transparency has been observed.
“Since the beginning of 2019, the number of employment contracts
has increased to 470,000, including in the non-oil and private
sectors-to 446,000. This also means significant transparency of the
labor market,” the official added.
MENAFN18112024000187011040ID1108896899
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.