Transportation of goods went up in prices in July. According to the State Statistics Committee, the prices increased significantly - by 0.5%, and the cost of transportation of passengers increased even more - by 1%.
According to statistics, the average tariff for the transportation by rail of 10 tons of cargo at a distance of 1 km for goods imported from abroad decreased by 3.3%, in local areas it rose by 8.5%, on transit - by 1.8% and when exporting - by 1.2%.
Passengers bought 1.9% cheaper airline tickets to the CIS countries, but tickets to non-CIS countries went up by 2.1%.
Transportation by pipelines of liquid hydrocarbons was higher by 0.8%. - 17D-
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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