Competition for Users Nar Mobile
Last Sunday at Crescent Beach held a festival called Goodbye Summer.
According to a press release, the event was attended by such foreign DJs, as Elly Noise from Russia, Dubster and DJ George of Georgia and Georgian dance group Go-Go Dancers.
The festival has been instigated in the area and is open only to users of Nar Mobile. At the event organized by the football championship, photo contest, a competition for the best male and female dance and a competition for the best questions and answers.
The winners in these categories were awarded prizes from Nar Mobile. - 17D-
Economics
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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.
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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.
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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.
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"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.
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