The powers of the Ministry of Transportation have been extended. By the decree of President Ilham Aliyev, the Ministry of Transport will monitor the compulsory insurance means of passengers against accidents on railway transport.
The head of Passenger Transportation Department of CJSC Azerbaijani Railways Elyar Muradov told Turan the compulsory accident insurance applies throughout the years. "There is a contract with an insurance company on this type of compulsory insurance, which is updated annually. The ticket price is also taken into account in the insurance payment," he said.
In 2016, the State Railways transported 1 million 927 thousand passengers, which is 1.8% more than in the previous year. --08D
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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