Open Joint Stock Company Azersu will install new numbers of the residential buildings and other facilities in the capital of Azerbaijan.
According to the head of the company's ICT department Samir Ghanili, the project for the implementation of the geodesic information system of Azersu (to assess the current state of the sewerage and water supply systems design) can help through better database to reach more individuals and businesses subscribing to society.
All incoming information will be entered into an electronic map in online mode. It will take into account all factors, including the multi-storey, the availability of commercial opportunities, and the number of residents, which will contribute to a special mobile device. These applications are fully functional and can be applied to operating systems Android and iOS.
"Information is a strategic and an integral part of the concept of building an e-government in Azerbaijan," said Ghanili. According to him, if the project is successful, the innovation will cover the entire country. - 17D-
Economics
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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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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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