In the first half of 2012, through the Azerbaijan section of the corridor Trans Evropa-Caucasus-Asia (TRACECA) ,8.1 million tons of cargo were transported. This is by 0.2 million or 2.5% less than over the same period of 2011, according to the State Statistics Committee (SSC).
With consideration of local carriages through the corridor, the volume of freight traffic totaled 28.1 million tons, by 4.8% higher than in the first half of 2011.
According to SSC, cargo carriers saved from the activities of the corridor TRACECA 213,6 million manat, by 21.6% more than over the same period of 2011.
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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