In the first quarter of the year the population of Azerbaijan implemented 551.25 thousand remittances through LLC Azerpoct (+ 47% to April 1 last year). According to the national postal operator, in monetary terms, this amounts to 42 million 689.59 thousand manat (+ 6%). This means that money at the population is no more than in 2014, but the number of those who need it increased.
In addition, post offices received and sent 1 million 860 thousand 169 pieces of written correspondence (+ 18.9%) and 1 million 437 thousand 112 (+ 26.1%) registered letters.
Significantly (+ 65.8%) increased the level of acceptance of international parcels – 251,082 and telegrams – 41,077 (+ 6.1%).
LLC Azerpoct was created on August 15, 2009 (previously state-owned enterprise). On April 16, 2010 the Central Bank issued a limited license to the LLC for the provision of banking and financial services. --17D-
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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