Since the beginning of the year increase of foreign labor was 2 544 people
The number of registered migrant workers in Azerbaijan is growing.
According to the State Social Protection Fund (SSPF), YTD increase of foreign labor was 2 544 persons or 15.6 %. As of October 1, they are 16 297 people, of whom only 9.8 % are women.
Most are citizens of Turkey (9 498, or 58.3 % of all migrants), followed by Georgia - 1 762 and Russia - 827 representatives.
They are followed by Iran (532 people), China (396), India ( 399) and the UK ( 240 ) . Total in Azerbaijan officially registered migrant workers from 99 countries in the world. These figures do not fully reflect reality. Many foreigners that come for the construction of large-scale investment projects are exempt the Migration Service.
The adoption of a mandatory registration of foreigners with the State Social Protection Fund began on January 1, 2006 . - 17D-
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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