The State Statistics Committee of Azerbaijan announced macroeconomic indicators of economic and social development of the country in January- October 2013.
The Committee reports that since the beginning of the year to the population of enterprises, businesses, and organizations to provide communication services in the amount of AZN 1.3 bn (+8.5 % compared to the figures for November 1 last year).
Revenues from mobile communications increased 13.5 % to 744.5 million manat, or 59.3 % of total revenues. - 17D-
Economics
-
Natural gas prices in Europe surged to their highest level since October 2023 on Friday, reflecting expectations of increased demand due to an impending cold spell in the region.
-
U.S. President Donald Trump’s proposed energy and trade policies could lead to a prolonged decline in global oil and gas prices, potentially triggering economic instability in Azerbaijan from 2026 onward, unless significant structural reforms are implemented, economist Gubad Ibadoglu warned in a recent analysis.
-
Azerbaijan has taken a step toward diversifying its agricultural sector by launching the country’s first commercial banana production, with local producer Fruitland introducing tropical fruits to the domestic market.
-
Azerbaijan, Georgia, Turkey, and Bulgaria have agreed on the draft text of a memorandum of understanding in the field of green energy transmission, marking a significant step in the development of sustainable energy ties in the region. The document aims to expand energy exchange between the countries and establish a legal framework for the Green Energy Corridor project.
Leave a review