From January to May, the number of legal migrant workers in Azerbaijan rose by 7.6% - up to 29,994 people.
As stated in the press release of the Ministry of Labor and Social Protection of Population, most of the migrant workers are men (89.1%), having individual account in the state social insurance system.
Registered in the Ministry are citizens of 120 countries, where the leaders are Turkey, Georgia and Russia. Further, in accordance with the number, they are followed by India, Iran, China, Bangladesh, the United Kingdom, Pakistan, Ukraine and the Philippines.
The process of attracting labor migrants to the contributions for compulsory social insurance started from January 1, 2006. --17D-
Economics
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Azerbaijani President Ilham Aliyev inspected a fleet of specialized municipal service vehicles in Baku on Thursday, as part of efforts to modernize urban infrastructure and improve environmental sustainability.
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Azerbaijan's National Depository Center (NDC) has announced a series of strategic goals and digital innovations for 2024-2026, aimed at fostering trust, expanding market access, and diversifying investment instruments in the country’s capital markets.
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The payment method used in Baku's public buses, which operates via a mobile phone app and QR code activated by the M10 program, creates difficulties for passengers, economist Samir Aliyev stated on Facebook.
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Starting next year, the Azerbaijani government will adopt a new policy towards entrepreneurs who export domestic products abroad but fail to return a portion of their earnings to the country. This issue often concerns Azerbaijani tomatoes sold in Russia. According to National Bank Chairman Taleh Kazimov, decisions to penalize such entrepreneurs will no longer be made without a thorough investigation into the reasons behind the failure to repatriate earnings.
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