In May, Azerbaijan received 491 vehicles, 111 more than in April.
According to the State Customs Committee, in January-May purchased abroad were 2,233 cars, 13,262 or 6.9 times less than in the comparable period of 2015.
Since the beginning of the year 1,939 cars, 32 buses, 204 trucks and 58 units special equipment have been supplied.
Reducing the number of imported cars is a sign of deep recession in the economy of Azerbaijan. Not only the official representatives of automobile companies, but also the banking and service sectors and others lose from this. The decline in car import has been observed since 2014. -----08D
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
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.
-
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.
-
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.
Leave a review