In March of this year Azerbaijan imported 541 vehicles, which is the highest figure for the first three months of this year, the State Customs Committee.
Observers note that Azerbaijan's economy as a whole is experiencing a recession, and in some of its areas attempts are undertaken to resist and rise. The official representatives and dealers of world motor producers in the country are experiencing serious difficulties with imported cars implementations.
In January of this year 437 cars were delivered to Azerbaijan and in February 384 cars were imported.
In the first quarter the volume of imports of motor vehicles amounted to 1,362, which was 8,763 less than for the comparable period of 2015.
This year, 1,235 cars were imported (for the comparable period of 2015 there were 9,256), along with 19 buses and minibuses (203), 97 trucks (500) and 11 special vehicles (76). ---08D
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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