Changes in tariffs for passenger transportation in the Azerbaijan Railways is not expected, said the head of the passenger transportation department of CJSC "Azerbaijani Railways" Elyar Muradov. At the same time, he noted that the transport of passengers by rail in the country has always been unprofitable. The decision of the Cabinet of Ministers on 7 February, the tariffs for passenger and freight transportation on the rail will not now be regulated by the state. Meanwhile, experts believe that after the price liberalization tariffs on passenger traffic will increase by 50%. According to the current prices, fare a for 551-600 km is - 3.2 manat in common wagons, 7 manat in reserved seats, 12 manat - in compartment, and 20 manat in the SV wagons. The cost of the ticket on the train Baku-Agstafa is - 14 manats, Baku-Ganja - 11 manat. The price for a ticket on the train "Express" Baku-Ganja is six manat. The trip by train Baku-Yalama costs 3 AZN. According to the State Statistics Committee, in January-September 2015, for passenger transportation was spent 36,705 thousand manat, and 9,317 thousand were profited. -03B-
Economics
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The Cabinet of Ministers of Azerbaijan has approved a new Unified Tariff Schedule to determine the monthly salaries of public sector employees financed through the state budget. This decision, outlined in Decree No. 540, comes into effect on December 26, 2024, and is aimed at standardizing wages in the public sector.
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On December 27, Azerbaijani President Ilham Aliyev has signed a decree to dissolve the Azerbaijan Industrial Corporation (ASK) and transfer its key assets to the Azerbaijan Investment Holding (AIH), marking a significant step in streamlining the management of state-owned enterprises. The decision, effective immediately, aims to address regulatory issues and enhance operational efficiency.
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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