The State Joint Stock Company Azerkosmos will take the financial report to the Cabinet, regardless of the request of the government.
Order № 192 of the Cabinet commits this structure by April 30, not only to publish the said document, together with the auditor's report in the local media, but also to necessarily send it to the government.
As reported by the government, the Constitution (Article 5.5), the organization found a bug that allowed the management of Azerkosmos to wait for the governmental request or provide a report without written directive.
Meanwhile, of expanding and plans by the end of February next year the launch of the first space satellite, followed by commercial operation for 15-20 years. This fact has attracted the attention of not only the structure of the American and French partners and the Chinese Academy of Space Technology and Entrepreneurs, whose representatives visited the eve of Baku. Local researchers Space offered help in training for a small fee by world standards. Chinese scientists and entrepreneurs were also acquainted with the technical capabilities and services of the said communication satellite Azerspace-1. - 17D-
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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