Baku/13.05.14/Turan : As of April 1, the total number of employed persons in Azerbaijan amounted to 1,510,400 people. In March, the labor market was recorded growth of 1 %.
According to the State Statistics Committee, in the first quarter of the labor market is the outflow and inflow of labor. By April 1, there has been a stabilization, if the beginning of March was recorded to reduce the number of workers employed 16 000 people , then the next month , this figure approached the January figure - 1,510,100 people. The government announces the creation of new social and industrial enterprises and the opening in the first quarter of this year, 29,000 new jobs.
As of April 1, government agencies employs 900 700 people (-500 people), private enterprises and organizations 609,700 people (-200 persons). - 08D-
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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