Azerbaijan 4,720,900 economically active citizens.
According to the review of the monetary policy for the first half of 2013 by the Central Bank of Azerbaijan (http://cbar.az/assets/2916/PSI_2013_Q_2.pdf), 94.9% of employment is in various sectors of the economy and the social sphere.
In this case, 1,480,000 (+8.1% compared to July 1 last year) are engaged in wage labor. Only 2.5% of civilian citizens are employed in the oil sector, and the rest are in the non-oil sector.
According to forecasts of the CBA, in the third quarter employment in the industrial and construction sector will increase and employment in trade and services will decrease. -17D-
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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