The leading local mobile operator Azercell Telecom, September 4, will introduce its new prepaid card to subscribers, the statement said today. The advantage of the new cards will be that with their help replenish the balance will be able to all subscribers to Azercell (SimSim and postpaid).
According to the report, the cards will be issued in denominations of 1, 3, 5, 10, 25, 50 and 100 manat. Subscribers will also be able to top-up using existing scratch card company. In addition, SimSim scratch cards can be used to recharge Postpaid subscribers.
Validity of the card (only for subscribers SimSim) is defined as follows: the card in denominations of 1 manat - 7 days, 3 manat - 30 days AZN 5 - 60 days, AZN 10 - 90 days. Validity of cards in denominations of 25, 50 and 100 manat will be 360 days. For postpaid card validity is unlimited and can be downloaded (from date of purchase) at any time. -17D-
Economics
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Azerbaijan's Consumer Price Index (CPI) in December 2024 marked a year-on-year increase of 4.9%, with food and beverage inflation leading the surge, according to data from the State Statistics Committee. The overall CPI stood at 104.9%, driven by a 5.5% rise in food products, beverages, and tobacco, 2.4% in non-food products, and a sharp 6.3% hike in paid services provided to the population.
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In 2024, Azerbaijan produced 29.1 million tonnes of oil together with condensate, down from 30.2 million tonnes in 2023, according to preliminary information published by the country’s Ministry of Energy.
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Azerbaijan’s inflation rate in 2024 remained relatively stable, averaging 2.2% for the year, according to data from the State Statistics Committee. While this marks a period of subdued price growth compared to global trends, the numbers reveal nuanced dynamics across sectors and reflect both domestic policy measures and external influences.
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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