Press service of the Ministry of Communications does not confirm the dismissal of the Minister
The information published by some media about today's dismissal of Ali Abbasov, Minister of Communications and high-tech, was not confirmed. The head of the press service of the Ministry Mushfig Amirov denied these reports. "The minister is in his cabinet, and performs his functions," he said in an interview with Turan, commenting on the dismissal of the minister.
Earlier were arrested two high-ranking employees of the agency - Baitullah Huseynov and Vidadi Zeynalov. The first was the head of the Baku telephone network, and the second - the head of the Office of the Minister.
They are both involved in the scandal of the illegal tapping of senior officials of the country, organized by the Ministry of National Security. -0В-
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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