On Friday, at the plenary session of the Parliament MP Chingiz Ganizade accused the state company "AZAL" in illegal collections. The MP said that a few days ago he returned from Turkey, asked during registration to give him a place ahead, and they asked for it additional $30.
"Passengers buy tickets for the high prices, why should we pay extra for a seat in front? The representative of "AZAL" at the Istanbul airport said that such an instruction comes from Baku," said Ganizade. At the same time, the deputy noted that many seats in the plane were empty.
"For example, there were 15 free seats in the business class, but despite this "AZAL" demands an additional fee from passengers. It's extortion," he said. –71В-
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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