Prices on railway transportation should rise
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
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
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.
-
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.
-
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.
Leave a review