In 2016, the state monopoly on lotteries, the JSC "Azerlotereya", has sold over 29 million lottery tickets (including 121.7 thousand e-lotteries), by 7.9% more than in the previous year, said the Ministry of Economy.
In the year of the crisis, one the manifestations became the reduction of real money incomes, and the population looked for "happiness" in lotteries. Income from selling the lottery tickets totaled 33.448.100 manat, which is by 5.7 million manat, or by 20.8% higher than in 2015. The amount of prize fund has exceeded 20 million manat (+ 11.3%), accounting for 69% of revenue from ticket sales. 08B
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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