Azerkosmos to Submit Mandatory Report to the Government
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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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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