French private capital can be brought to the management of thermal power plants in Azerbaijan, but it will happen after complete reconstruction of the electricity network while reducing power losses and ensuring energy efficiency.
Discussions of this topic took place at the meeting of Deputy Minister of Energy Natig Abbasov with the delegation of the French organization MEDEF International, which does not exclude the possibility of the implementation of specific measures in this regard, the Ministry of Energy informed.
The French in the face of the head of the company Engie, Heike Liebold, offered to begin to develop an appropriate phased "roadmap" on the privatization of energy facilities. --17D-
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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