With the reduction of budget revenues, the flywheel of tightening penalties is spinning.
The Milli Majlis at the next meeting will review the excess of the permissible speed at traffic rules, as provided for in the draft new edition of the Code of Administrative Offences.
The text has been proposed by the Administration of the President (Article 328). For exceeding the allowed speed by 10-20 km / h the offender will be fined in the amount of 10 manats, 21-40 km / h - 50 manats, 41-60 km / h - 150 manats, more than 60 km / h - 250 manats.
Under the current Code, speeding 10-30 km / h entails a fine of 15-20 manats, 30-60 km / h - 20-40 manats and more than 60 km / h - 40-60 manats. --17D-
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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