Cash flow in Azerbaijan up by 30% in Q3
Finance
- 10 October, 2023
- 06:33
In the third quarter of this year, the cash flow in Azerbaijan amounted to 36.9 billion manats ($21.7 billion), which is 30.3% more than in the same period last year, Report informs, citing the Central Bank of Azerbaijan (CBA).
As in the third quarter of 2022, the sectors of economic activity with the highest share in total payment receipts are public administration and defense (30.6%), construction (14.9%), and wholesale and retail trade (13.6%) in the same period of 2023.
The spheres of economic activity that contributed the most to the increase in income in the last 1 year were public administration and defense (+2.4 billion manats) and construction (+2 billion manats).
Latest News
11:17
Galei Tzahal: US, Iran not discussing Tehran's missile program
Other countries11:10
Azerbaijan strengthening cyber defense with support from Estonia's eGA
ICT10:56
At least 8 children killed in shooting in US state of Louisiana
Other countries10:52
Photo
Preparations for IsDB meetings mulled in Baku
Business10:49
Ukraine strikes two Russian Black Sea Fleet landing ships in Sevastopol
Other countries10:41
Oil prices jump over 5% amid Middle East tensions
Energy10:33
Iran says 95% of airport infrastructure still intact
Region10:28
Photo
Baku hosting large-scale int'l cybersecurity trainings
ICT10:20