Unlike public procurers of electricity and natural gas, the state monopoly on the supply of water in Azerbaijan in 20 years failed to provide consumers with water measuring devices.
As of October 1 of this year, only 52.3 % of the subscribers of Azersu were provided with water meters.
According to the JSC Azersu, at the beginning of this month 631.1 thsd of the 1 mln 181.7 thousand subscribers were provided with water meters. According to the consumer group of the population (1,141,976 subscribers), the figure is 52.3 %, while for other users (businesses and public organizations, companies using water for commercial purposes, only 39,779 subscribers), this indicator is also not of 100% strength - only 85 5%. In Baku counters were provided to 63.6 % of the population and 96.3 % of other consumers.
The press-service of JSC Azersu told Turan that since last year the corporation has started installing smart meters, providing water supply prepaid. Total installed were 160,000 such meters, including 128 thousand this year. In JSC Azersu they noted that the full completion of the installation of meters depends on the progress of the reconstruction of water supply and sanitation in cities and regions. - 08D -
Economics
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Azerbaijan has introduced new rules to simplify the leasing of agricultural land on liberated territories, aiming to attract investments and enhance agricultural productivity, according to a presidential decree issued on November 27, 2024.
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The Asian Development Bank (ADB) allocated $10.5 million to support the retail sector in Azerbaijan, marking another step in its ongoing support for the country’s economic modernization. These investments align with Azerbaijan's broader ambitions to diversify its economy and strengthen small and medium-sized enterprises (SMEs), which are key pillars of sustainable growth.
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At today’s session of the Milli Majlis, Azerbaijan’s parliamentarians discussed and approved in the first reading a draft law increasing the minimum subsistence level for 2025. The updated figures reflect a modest rise of 10 manats, setting the nationwide living wage at 285 manats. For specific demographics, the levels are 305 manats for the working population, 232 manats for pensioners, and 246 manats for children. The same session also approved the criterion of need at 285 manats for the coming year, aligning it with the national living wage.
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This year, the plans of the Australian holding Fortescue Future Industries (FFI) for developing "green" projects in Azerbaijan have been adjusted, though negotiations initiated two years ago are ongoing, an informed source told Turan.
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