The work on the Georgian section of the Baku-Tbilisi-Kars (BTK) railway is nearing completion. According to CJSC Azerbaijani Railways, locomotives operating on diesel fuel have already been run in a testing mode. They can move all the way unimpeded.
Recently at the Akhalkalaki station an approbation was held for the shift of a freight wagon from the 1,520 mm standard to the narrow-gauge Turkish railway of 1,435 mm.
There was also an experiment of passing a multi-ton container from car to car by a 40-ton crane.
Construction of the railway Baku-Tbilisi-Kars started in 2007. Start-up of the road is expected in the first half of 2017. -03D-
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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