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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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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