Novelty from Mobile Operators
According to the Information and Computing Center (ICC) at the Ministry of Communications and High Technologies of Azerbaijan, a system of online sales of Sim cards has been introduced. Now, all three mobile operators (Azercell, Bakcell and Azerfon), according to the decision of the government, will sell the product in a centralized manner and by the same rules. The innovation has been successfully tested in the customer service centers.
Now activation of Sim cards and identification of the owner is carried out at the entrance to the information system integrated into the portal of "electronic government", and the data are entered into the database of the mobile operators and the ICC itself. The new method allows to unify its subscriber base in accordance with the individual identification number. In this case, you can "kill two birds with one stone" - automatically receive information about whose name the number is registered at, as well as to expand the list of services provided through the portal of electronic services.
In addition, the portal involves the creation of a "personal office" where users will get information about their mobile number. Services are also provided to notify users of various services of state agencies (the notification of completion of the period of validity of identity documents, notices of municipal debt for communication services, bank notices, fines, summonses and notices of the courts, etc.). --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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