In June of this year, the economy of Azerbaijan involved 388.6 thousand employees. During 12 months their number increased by 16 thousand persons or 1.1%, the State Statistics Committee told Turan.
Growth in the number of employees was mainly due to the private sector. When in June 2011 in the private sector worked 513.4 thousand people, in June this year the figure reached 540 thousand people.
According to the GCS in the first quarter of this year, the number of the employed population was about 4.4 million people. In other words, every two thirds of the employed population had income from self-employment and has no steady income. However, the government argues that the unemployment rate below the European average. - 08B-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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