The Government of Azerbaijan has attracted $ 42 million to continue the implementation over the next three years of the project "Unified management of municipal solid waste." On this occasion, on behalf of the Ministry of Economy and Industry there was signed a January 10 agreement with the World Bank for additional funding this project, the deadline of which expires in May this year.
The main component of the action plan for additional funding will be full rehabilitation in compliance with international standards of the Balakhani landfill for the disposal of household waste in Baku to its operation over the next 20 years. This landfill is operated by the state-run Tamiz Shahar (Clean City) JSC. Disposal of wastes is produced by burning them at the existing power plant at the landfill.
The new project involves the development of short, medium and long-term action plan of the national strategy of municipal solid waste management in Azerbaijan, reforming legislation on waste management in line with international standards. Developed will be feasibility of regional landfills and garbage transfer points.
Agreement on the implementation of the project "Unified management of municipal solid waste" was signed in 2009. Total project cost is $ 41.5 million, including $ 29.5 million allocated by the World Bank, the Government of Azerbaijan and others (including in the form of payment of VAT). -08B-
Economics
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Natural gas supplies from Azerbaijan to Bulgaria have been temporarily suspended due to technical reasons from January 6, 2025, Turan reports. Bulgarian «Bulgargaz» Energy Company has announced the suspension, noting that supplies are expected to resume on January 11, 2025.
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In 2024, Azerbaijan welcomed 3.523 million passengers from 38 countries via air transportation, reflecting a significant 32.1% increase compared to the previous year. According to the State Tourism Agency, this also marks an expansion in reach, with visitors arriving from three additional countries, an 8.5% rise year-on-year.
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As Azerbaijan sets an ambitious trajectory for economic growth in 2025, the country is poised to expand its investment portfolio and develop innovative financial instruments. These efforts aim to create a favorable environment for both domestic and international investors, while steering the economy away from oil dependency toward diversified and sustainable growth.
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In 2025, Azerbaijan will celebrate a series of public holidays and mourning events combining cultural traditions, religious rituals and national commemorations. The calendar, approved by the Cabinet of Ministers, defines significant dates that will provide citizens with the opportunity to honor their heritage, reflect on history, and relax with family and friends.
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