Tariffs on utility bills at the end of the year will rise, which is no doubt.
Yesterday at the parliamentary committees in the discussion of the draft budget for 2014, Finance Minister Samir Sharifov said that the increase in utility tariffs is natural, without specifying the exact date, referring to the competence of the Tariff Council under the Cabinet of Ministers of Azerbaijan.
According to him, the initiators of the tariff increase are JSC Azerenergy, Azersu and Azerigaz of SOCAR. "These companies are working on self-supporting basis and for higher wages and increase in other expenses tariffs should be changed. The increase in costs should be offset by revenue growth," he said.
Last time the rates of electricity and utilities rose in December 2007. In the same year, the fare on public transport jumped twofold and the subway fare jumped fourfold. - 17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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