From January to October 2013 4,336,000 tons of oil products were delivered to the local market, up 9.9% against the same period last year.
According to the Azerbaijan State Statistical Committee, from January to October 1,171,000 tons of gasoline, 1,151,000 tons of diesel fuel, 454,600 tons of aviation kerosene, 197,800 tons of black oil, 136,600 tons of liquefied gas, 263,800 tons of oil bitumen and 960,500 tons of other oil products were delivered to the local market.
Except for black oil and lubricating oils, deliveries of other oil products to the local market increased.—0---
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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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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