In order to provide the people with water measuring devices, President Ilham Aliyev has ordered to allocate 12 million manats. The funds have been allocated to JSC Azersu from the Reserve Fund of the President in the state budget for 2016.
According to JSC Azersu, by 1 January 2016 from the 1 million 308.5 thousand subscribers of the population water meters were provided to 792,260 subscribers (60.5%). Under the law, people are exempted from paying for the installation of water meters by the monopoly suppliers of the utilities.
It is noteworthy that even in the category of organizations and businesses (total 55,700 subscribers) the level of installation of meters is 79.7% (44,400). ----08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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