Adopted decision to move mobile numbers
Local mobile operators - Azercell, Bakcell and Nar Mobile will begin on October 1 launch of number portability services on mobile networks, said the Minister of Communications and Information Technologies Ali Abbasov said in an interview after the reception of citizens in Masalli . The service had to be implemented on July 1, but the synchronous training did not work, and the ministry is looking for reasons to delay the whole quarter. The guilty will be punished by administrative order - the minister said.
According to him, as a result of the introduction of a registration system of mobile devices in May cases of smuggling were prevented this year. In order to improve the quality of Internet in the country with the support of the Ministry of Communications and the State Oil Fund of Azerbaijan launched a special project in which the end of 2017 on the territory of Azerbaijan the quality of the Internet will be brought up to the standards of the European level . - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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