From January to October 2014 Azerenerji, the state monopoly for power generation in Azerbaijan, generated 18.5 billion kwh of power, up 5.7% against the same period last year.
Azerenerji press office reported that in October 2014 Azerenerji generated about 1.8 billion kwh of power.
During 203 generation of power in the country totaled 21.5 billion kwh.—0—
Economics
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During a press conference in Baku on Friday, Deputy Minister of Digital Development and Transport of Azerbaijan, Rahman Hummatov, highlighted the country's significant achievements and future plans in transport infrastructure.
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Economist Gubad Ibadoglu provides a sobering analysis of Azerbaijan’s economic prospects as 2025 begins, highlighting a landscape marked by declining oil prices, rising inflation, and expectations of manat devaluation. These pressures, he notes, are poised to undermine real GDP growth, weaken investment, and exacerbate unemployment and poverty rates.
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Azerbaijan's Ministry of Emergency Situations has announced amendments to several regulatory documents in compliance with the country's updated administrative procedure law. The decision, signed by Minister Kamaladdin Heydarov, aims to streamline operations and enhance alignment with the nation's e-Government framework.
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President Ilham Aliyev's recent move to consolidate state-owned transport and telecommunications companies under the newly established holding AZCON is being interpreted as a step toward eventual privatization, according to Osman Gunduz, head of the Multimedia Association and a prominent industry expert.
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