The press conference of the Financial Director of Azercell Serdar Yilmaz was about the results of the last year.
According to him, the mobile operator's revenues decreased by 7% from 430 million manats in 2014 to 400 million AZN last year, with a tendency to further deterioration of the indicators against the background of the poor purchasing power of the consumers of telecommunications services. "In this case, we need to optimize our costs, and specific methods for this have already been developed," he said.
Presumably, the investment in the telecommunications sector in Azerbaijan will amount to approximately 50 million manats (last year - 68 million AZN). --17D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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