Preparing to Expel 12 More Illegal Migrants
The State Migration Service of Azerbaijan has recently found 12 foreigners without legal status of migrants. Documents on persons residing in the country with expired documents and engaged in illegal employment, are made, are preparing for their deportation.
According to the service, many of the detainees are accused of recurrent violations of local legislation. These measures will be applied in accordance with the Code of Administrative Offences. They are in the "light" of Article 339 (Violation of foreign citizens or persons without citizenship rules of stay or transit through the territory of Azerbaijan transition) and 340-1 (late registration of foreigners or stateless persons in the areas of housing, provided to them by the citizens of the country) of the Code of penalties. -17D-
Economics
-
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.
-
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.
-
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.
-
"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.
Leave a review