The Ministry of Taxes signed six contracts with the company Caspel for providing technical and telecommunications services totaling approximately 2.5 million manat in February this year.
The Ministry of Taxes is one of the largest buyers of IT and telecommunications among both public and private entities. The main provider of these services is Caspel. In 2014, according to the State Procurement Agency, the volume of purchases made between the parties is 5 million 746.2 thousand manat. This is 59% more than in 2013 (3.6 million AZN).
CASPEL has its own fiber-optic network deployed throughout the country. ---- 08D
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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