LLC Baku Transport Agency (BTA), the state regulator of public transport in Baku, will select regular carriers of passengers on bus and coach transport on a competitive basis in 2017. The criterion is the availability of logistical and production base. This is stated in the message of BTA.
As a result of agency audits, only 17 of the 58 carriers have a logistical and production base. The companies and individuals that do not provide the material and technical base at the required level will be gradually eliminated from the provision of services for passenger traffic.
At present, urban and suburban routes in Baku ply 2,100 buses of various capacities.
In addition, BTA has prepared proposals for the removal of the transport density at the busy hours. It is proposed to change the time of starting work in state bodies. So far this proposal has not been considered. --08D--
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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