The Government of Azerbaijan plans to allocate a subsidy of 50 million manats from the state budget to the Baku metro in 2024, which is up by 30.2% from 2023.This was reported by the Ministry of Finance. The report says that these funds are allocated to cover losses that may arise due to the fact that the fare in the subway (40 gapik) is less than the cost of transporting passengers (68 gapik).Next year, “Azerbaijan Airlines” JSC will receive a …
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In 2024, Baku metro to receive 10 times more subsidies than AZAL
The Government of Azerbaijan plans to allocate a subsidy of 50 million manats from the state budget to the Baku metro in 2024, which is up by 30.2% from 2023.This was reported by the Ministry of Finance. The report says that these funds are allocated to cover losses that may arise due to the fact that the fare in the subway (40 gapik) is less than the cost of transporting passengers (68 gapik).Next year, “Azerbaijan Airlines” JSC will receive a …