Transition to the new address system created a lot of problems for both the Society, as visitors to the city. People can not find their desired address, as at the entrances of buildings set new number plates, different from the old ones. Due to the existing situation the State Committee on Property issued a clarification.
The report by SCP noted that the transition to the new address system in the city of Baku, which covers more than 1.5 million streets and avenues, to be completed by the end of this year. By the time the public authorities, municipalities, the private sector and citizens can use the current addressing system, the document says.
The transition to a new addressing system consists of three stages. In the first stage, with the financial support of the Governments of Norway and the Republic of Korea Information System address register of Azerbaijan (ISAR). Contrary to the principles of openness of information and public registers, users do not have access to this system. Experts believe that in the period of parallel circulation operations and to implement targeted system openness ISAR is required.
The principle of the new addressing system, which is used in the CIS for the first time in Azerbaijan, is that the address is given not only a specific building or object, and each of its input. - 08B
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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