Baku Metro next year will be offset the expected loss of 37 million 998.2 thousand AZN. According to the Cabinet, it is due to the government regulated tariffs for transportation of passengers by this mode of transport.
The said amount of subsidy is highest - in 2014 to compensate for the losses of the subway there was allocated 35.8 million AZN and this year 37 million AZN will be provided.
Baku Metro, in force since 1967, is made up of 2 railway lines and 23 stations, carrying some 200 million people (about 600 thousand per day). --17D-
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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