Over the first nine months of this year 1 891.7 thousand passengers were transported in Azerbaijan. This is by 7.7 % less compared with 2012 year. Last year passenger carriages traffic on this mode of transport decreased by 22.7%.
Head of the Department of passenger carriages CJSC "Azerbaijani Railways", Elyar Muradov, told Turan, that the decline in passenger traffic is due to the reduction of electric trains. Passenger traffic on domestic routes from Baku (Ganja , Gazakh , Agstafa , Balakan , etc.) remain stable.
There is a growth on international destinations by 10% . According to the representative of the Azerbaijan Railway, the reduction of passenger traffic is also affected by aging car fleet, which affects the density of cars in traffic.
In 2012 the JSC "Azerbaijan Railway" transported 2,668 million passengers , of which 305,000 are international routes (Moscow, Tyumen , Rostov , Tbilisi.) In 2007-2009, 6.4 million passengers a year used services of railway.
Line of electric trains in Baku and Absheron peninsula were eliminated since the summer of 2009 by the decision of the Cabinet of Ministers with regard to their "economic inefficiency ." 08B
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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