AmCham provided support to low-income families
The American Chamber of Commerce "AmCham" took part in the project "GateKeeping" implemented in cooperation with World Vision Azerbaijan and UAFA.
In this project, children with disabilities living in low-income families by social workers and UAFA centers in Baku and Lankaran Siyazan were given 77 tablets, 10 laptops from the company Deloitte & Touche, 2 PCs from the company BESTCOMP, 10 USB modems from the company Azerfon, 7 USB modems from the company Bakcell, and 5 USB modems from the company Azercell.
Some of the equipment (15 tablets) was given at a rehabilitation center in Baku Nizami rayoneo and the remainder will be distributed to needy families in the areas of Siyazan, Lankaran and Khachmaz.
The Chairman of the Committee and senior ICT manager of the Department for services in the field of risk management in the Deloitte & Touche Tural Hajiyev, head of Public Relations and Corporate Communications Nigar Arpadairi, and an expert in corporate communications at Azercell Telecom Nigar Shykhhlinskaya thanked UAFA, World Vision and members of the ICT the Committee for the opportunity to help children and families who really need support.
The American Chamber of Commerce intends to continue to provide support to families in need. - 08D-
Economics
-
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.
-
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.
-
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.
-
"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.
Leave a review