On the first of July this year the economy of Azerbaijan labored 1,490.3 thousand people, who have employment contracts with their employers. The number of workers employed with the beginning of the year increased by 12,600 persons or 0.8%. Turan was told by the State Statistics Committee.
In June, the public sector employed 891,800 people, which is 7,300 persons (0.9%) less than at the beginning of this year. From the beginning, the number of workers employed in the private sector increased by 19,900 persons (+3.4%).
In the field of education in June there were 22.5%, in industrial plants - 12.7%, in trade facilities and repair of vehicles - 18.6%, and in construction - 7.3% of the employed persons. -08D-
Economics
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But Putin Says It's "Virtually Impossible" Due to Zelensky's Position Slovak Prime Minister Robert Fico visited Moscow on Sunday to discuss energy issues, becoming the third EU country leader to hold talks with Vladimir Putin since Russia's 2022 invasion of Ukraine. Prior visits include Austrian Chancellor Karl Nehammer in April 2022 and Hungarian Prime Minister Viktor Orbán in July 2024. Slovakia is also a NATO member.
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Environmental, Social, and Corporate Governance (ESG) principles have emerged as a transformative force in modern business practices, reshaping priorities across industries. This was a key theme highlighted by Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business Development Agency (KOBIA), at the conference "Labor Relations, Occupational Safety, and Human Resources as Key ESG Approaches," held on Monday in Baku.
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A detailed review of legislative norms and e-government services across various business environment domains has been prepared and published by the working group of the Business Environment and International Ratings Commission, focusing on electricity network connections.
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The draft law "On Amendments to the Tax Code," adopted in its third reading, provides for tax exemptions on the sale of locally manufactured buses in Azerbaijan and the supply of spare parts for these vehicles. This was reported by the Tax Service under the Ministry of Economy, explaining that the government's initiative aims to support business development in the country by reducing the tax burden. The exemption will come into effect on January 1, 2025, and will remain valid for eight years.
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