Over the nine months of this year 67,745 vehicles were brought to Azerbaijan, according to the State Customs Committee (SCC), of them 86.8% are imported cars.
According to the SCC, from the beginning, 48,915 new and used vehicles were imported at the declared a total cost of $ 566.7 million. Over the reported period 852 buses ($ 42.9 million) and 7188 truck ($ 171.6 million) were imported to the country.
According to preliminary information, there are about 1,070 vehicles in Azerbaijan. About half of them were imported during the last ten years.
The share of motor vehicles totals 13%.--08D—
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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