2020 will not be easy for the Azerbaijani economy. During the year, the most challenging is expected to be in the area of budget revenue generation and regulation of expenditures. Because the tax exemptions; the increase in minimum wage and pensions; 20-40% increase in salaries in the civil service and budget sphere, law enforcement agencies, and the judiciary; and consumer credit compensation in foreign currency increased fiscal expenditures by...
Analytics
-
In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
Leave a review