Intelligent Transport Control Center (ITCC) is going to introduce a system of debit cards payments for public transport in Baku in May. The system has been successfully is tested in May 2012, said the technical director of the Ibrahim Aliyev at a press conference on the plans for this year.
It is planned to use common payment cards, which can pay paid for travel, as in bus transport and metro. For the convenience of citizens and foreigners will be used payment cards "Master Card". The cards will be tucked into the banks, data terminals (there are 560 such terminals) and kiosks. Although it is unlikely, but according to the general director Elnur Abdullayev, payment cards will be distributed to the public free of charge.
According ITCC2000 buses run in Baku on 115 routes.--08C--
Economics
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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