During 2012, the subscriber base of public water distribution company "Azersu" increased by 53 million or 4%.
In the department of public relations of the company they told Turan that the expansion of the subscriber base was made possible not only due to new connections, and eliminate illegal connections to the network.
On the first of January this year, the number of subscribers "Azersu" was 1 138 thousand, of which 96% belong to the category of the population.
Meters installed in housing of 47.5% of the population and 69.2% of other sites subscribers. In Baku 61.2% of the apartments are equipped with water meters. - 08D-
Economics
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Azerbaijan Caspian Shipping Company (ASCO) has resumed regular cargo and passenger transportation after severe weather conditions disrupted operations in the Caspian Sea, the company said on Monday.
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Azerbaijan can overcome the so-called "middle-income trap" by increasing investments, improving the investment environment, and enhancing knowledge and skills, Deputy Minister of Economy Samad Bashirli said in Baku at the presentation of the World Bank’s Global Report World Development Report – 2024 (WDR).
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Countries in Europe and Central Asia must not only attract investment but also actively adapt and disseminate technology to ensure sustainable economic growth, according to Ivailo Izvorski, Chief Economist for the region at the World Bank. Speaking at the presentation of the World Development Report 2024, Izvorski highlighted structural issues that are slowing down private sector development.
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Azerbaijan is now among 54 middle-income countries, said Shahmar Movsumov, Head of the Department for Economic Affairs and Innovative Development Policy at the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku.
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