The Volume of Communication Services Growing
The signalers of Azerbaijan in January-April of rendered services worth 462.6 million manat (8.9% compared to the same period last year).
According to the State Statistics Committee, the consumers of the basic package of services - 72% - is the population (individuals), in absolute terms, the figure is 333.07 million manat (+ 8.4%).
Local mobile operators (three - Azercell Telecom, Bakcell and Azerfon) had 59% of services in this segment - 273 million manat (+9.7%). - 17D-
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- Social
- 20 May 2013 11:24
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- 20 May 2013 11:34
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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