In January of this year, prices in the transport sector decreased compared to the previous month by an average of 6.2%, according to the State Statistics Committee.
In January the state-run Azerbaijan Airlines reduced tariffs for flights to non-CIS countries by an average of 21.3% and to the CIS countries – by 32.6%. Note that AZAL only announced a special promotion on the occasion of the New Year until the 15th of January.
Railway tickets to the CIS countries in the past month fell by 9.7%. ----08D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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