 | $1bn in population’s hands |
According to the president of the Banking Association of Azerbaijan Mr. Zakir Nuriyev, if the Azerbaijan population invested its savings of some $1 billion in the economy, it could achieve considerable spin-off resulting in economic growth.
Mr. Nuriyev added that the volume of commercial bank credits has increased lately. In 2000, commercial banks provided credits totaling AZM2.3 trillion, or AZM6 billion over 1998, he said.*
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Issue: March, 7, 2001
POLITICS
UN Secretary General makes statement on Women’s Day
ECONOMICSSOCAR to export 145,000 tons of crude in MarchRussia appoints new co-chair of inter-governmental commissionAzercell signs new loan agreementAzerbaijan Entrepreneurs Confederation includes over 600 members"Azersun Holding" privatizes Lankaran tea factoryElectronic tokens to be introduced since late March$1bn in population’s hands
HEALTHTB rate rising
CULTUREWomen's Day exhibition
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