Taleh Kazimov: Azerbaijan increased exports of domestic goods 15.6-fold in 20 years

12:45 - 5.05.2023


May 5, Fineko/abc.az. The foreign exchange reserves of the Central Bank of Azerbaijan currently exceed $9.189 bn, and the monetary base is almost $17.61 bn.

ABC.AZ reports that CBA chairman of board Taleh Kazimov stated about this during an event dedicated to the 100th anniversary of national leader Heydar Aliyev.

According to Kazimov, the macroeconomic indicators of the Azerbaijani economy are growing annually in almost all indicators.

"Over the past 20 years, Azerbaijan has increased exports of domestic goods by 15.6 times. I would also like to note a strategically important phenomenon. Today Azerbaijan is a hub in transportation of goods in the direction of North-South, East-West, as well as in a number of other international corridors and routes," Kazimov said.