Minister optimistic about understanding mobile operators
Mobile operators can upgrade to a service number portability (MNP) in April.
Told journalists opened today at the Azerbaijan-Japan Seminar of the space sector's Minister of Communications and Information Technologies Ali Abbasov, the contract between the data and computing center MCIT and three operators (Azercell Telekom, Bakcell LTD and Azerfon) signed the other day and provides agreement and understanding of all parties . The minister stressed that there is a force majeure, then postpone the presentation for about 2 months.
MNP service will allow all subscribers to change operators in Azerbaijan while maintaining the basic seven-digit number. Innovation (with the exception of SIM-card in the Data-cards) will be free.
The only condition is that the subscriber's service during the transition to the second operator should not have debt "tails." You can use the service portability quarterly.
The service is not available yet, but users are already accustomed to it within dialing not 7, but 10 numbers, even within the same network. - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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