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Economical news
Bulletine Economics 


2017 November 02 ( Thursday )  16:55:36
Print version
Русский Azərbaycan

 

79,400 Tons of Food to Be Purchased for State Bodies

Baku / 02.11.17 / Turan: In 2018, the state JSC Procurement and Supply of Food Products (PSFP) will purchase 79,000 tons of 163 food items to meet the needs of state institutions. The conclusion of procurement contracts with suppliers has begun, the joint-stock company said.

The PSFP established in November 2016 as a liaison between suppliers and government procurement organizations signed contracts with 376 producers and trade organizations. The volume of purchased goods was AZN 66.5 million. In 2017 the JSC concluded a contract with 863 government agencies to supply purchased goods to more than 1,900 supply points. To ensure the execution of the signed agreements, the joint-stock company provided 123 manufacturers with over 2.7 million manat as an advance.

Identification of needs and identification of suppliers is carried out through the portal www.tedaruk.az. At the same time, employees of the PSFP check the capabilities of suppliers on the ground. Procurement of food is made on the basis of average market prices.

JSCPSFP notes the transparency of all processes. However, the need of each of the procuring state organizations and the entities with which it has contracts for the supply of goods is unknown. The portal www.tedaruk.az does not provide this information. ----08D--

Baku Airport Canceled Purchase Because of Family Ties

Baku / 02.11.17 / Turan: Heydar Aliyev International Airport announced that two purchases made by it did not take place because of suspicions of family ties of two of the three applicants taking part in both of them.

Quoting polls were announced on September 28 and October 12 for the purchase of printed goods. The Tender Commission of the AZAL structural unit does not name the companies exposed in forgery. This is the first public case, when the commission on its own initiative has identified the links between the applicants.

Heydar Aliyev International Airport has concluded 23 contracts for the purchase of various goods and services totaling AZN 209,300, USD 7,100 and EUR 915 from the beginning of October this year. The partners of the airport are 21 companies, including two from Turkey. -----08B

Chamber of Accounts: Currency Market Decreased in 2017

Baku / 02.11.17 / Turan: In 2017, the foreign exchange market declined, the Chamber of Accounts said in its conclusion to the draft budget for 2018.

In the conclusion, it is noted that the reduction was in the segment of the cash foreign exchange market.

"For the current period of 2017, 91 million US dollars was sold, whereas only in the first six months of 2016, 151 million dollars was sold. This is due to the stability of the manat."

The Chamber of Accounts noted that at the currency auctions of the Central Bank, where the State Oil Fund is also involved, the sale of foreign currency in comparison with the previous year decreased by 31%. -71D-

Dollar rate does not change

Baku / 02.11.17 / Turan: The dollar rate at the currency auction of the Central Bank of Azerbaijan did not change on Thursday, remaining at the level of 1,7003 manats.

Commercial banks buy a dollar in the range of 1.6900-1.6980 manat, and sell for 1.7010-1.7050 manats. The euro exchange rate on November 2, compared with the previous day slightly increased from 1.9776 manat to 1.9821 manat. In commercial banks, the common European currency can be bought for 1.9940-2.0100 manat, and sell in the interval 1.9425-1.9800 manats. -71D-

Capital of AFB Bank Decreased by 12.1%

Baku / 02.11.17 / Turan: Assets of AFB Bank in the third quarter of 2017 increased by 56 million 840 thousand manat or 19.4% to 349 million 499 thousand manat compared to the beginning of the year.

During the reporting period, the bank"s liabilities amounted to 281 million 919 thousand manat (an increase of 66 million 163 thousand manat or 30.6%).

The volume of deposits in the bank is 143 million 406 thousand manat. In particular, the demand deposits of individuals amounted to 19 million 052 thousand manat, and those of legal entities amounted to 84 million 042 thousand manat. The timed deposits of individuals totaled 7 million 123 thousand manat, and those of legal entities totaled 33 million 188 thousand manat.

The bank"s capital for the indicated time decreased by 9 million 324 thousand manat or 12.1%, amounting to 67 million 579 thousand manat.

The bank completed the third quarter with a loss of 11 million 312 thousand manat. -71D-

Foreign currencies rates fixed by Central Bank

1 ABŞ dollarıUSD1.7003
1 AvroEUR1.9821
1 Avstraliya dollarıAUD1.312
1 Argentina pesosuARS0.0966
1 Belarus rubluBYN0.8607
1 Braziliya rialıBRL0.5204
1 BƏƏ dirhəmiAED0.4629
1 Cənubi Afrika randıZAR0.1219
100 Cənubi Korea vonuKRW0.1528
1 Çexiya kronuCZK0.0776
100 Çili pesosuCLP0.2677
1 Çin yuanıCNY0.2576
1 Danimarka kronuDKK0.2664
1 Gürcü larisiGEL0.651
1 Honq Konq dollarıHKD0.2179
1 Hindistan rupisiINR0.0263
1 İngilis funt sterlinqiGBP2.2583
100 İndoneziya rupiasıIDR0.0126
100 İran rialıIRR0.0043
1 İsveç kronuSEK0.2029
1 İsveçrə frankıCHF1.7017
1 İsrail şekeliILS0.4848
1 Kanada dollarıCAD1.3249
1 Küveyt dinarıKWD5.6199
1 Qazaxıstan tengəsiKZT0.0051
1 Qırğız somuKGS0.0248
100 Livan funtuLBP0.1127
1 Malayziya rinqqitiMYR0.4023
1 Meksika pesosuMXN0.0893
1 Moldova leyiMDL0.0978
1 Misir funtuEGP0.0963
1 Norveç kronuNOK0.2093
100 Özbək somuUZS0.021
1 Polşa zlotasıPLN0.468
1 Rusiya rubluRUB0.0292
1 Sinqapur dollarıSGD1.2517
1 Səudiyyə Ərəbistanı rialıSAR0.4534
1 SDR (BVF-nun xüsusi borcalma hüquqları)SDR2.3891
1 Türk lirəsiTRY0.4472
1 Tayvan dollarıTWD0.0563
1 Tacik somonisiTJS0.1932
1 Yeni türkmən manatıTMT0.4859
1 Ukrayna qrivnasıUAH0.0633
100 Yapon yeniJPY1.4929
1 Yeni Zelandiya dollarıNZD1.1786
QızılXAU2171.3681
GümüşXAG29.1261
PlatinXPT1582.9793
PalladiumXPD1703.7006