Baku, Azerbaijan, Oct. 9
Trend:
In the next three years, the turnover of non-cash payments in Azerbaijan will reach 17 billion manats, the Director of the Information Technologies Department of the Central Bank of Azerbaijan Farid Osmanov said at the Azerbaijan-Germany Business Forum on Energy and ICT.
Osmanov noted that this turnover will increase annually by about 7 percent.
"We hope that in such a way we will be able to reduce the level of cash turnover from the current 74 percent to 40 percent," Osmanov said.