JSC "Georgian State Electricity System" is serving as a transit corridor in both directions - from Russia to Armenia and from Azerbaijan to Turkey. According to Turan, with reference to the portal "Georgia Online", on 5 February began the transit of electricity from Russia to Armenia, where the daily average of 30 megawatts of power being transferred. On 7 February began the transit of electricity of about 80 megawatts from Azerbaijan to Turkey.
As a result of the two transits Georgia each month will receive about 1 million lari income (about $ 250 thousand, at the current rate)," stated in the "State electric power system of Georgia."
* According to the instrumentation of the State Customs Committee of Azerbaijan, on the results of 2015 Azerbaijan exported 212.5 million kW / h of electricity. -12D-
Economics
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The Cabinet of Ministers of Azerbaijan has approved a new Unified Tariff Schedule to determine the monthly salaries of public sector employees financed through the state budget. This decision, outlined in Decree No. 540, comes into effect on December 26, 2024, and is aimed at standardizing wages in the public sector.
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On December 27, Azerbaijani President Ilham Aliyev has signed a decree to dissolve the Azerbaijan Industrial Corporation (ASK) and transfer its key assets to the Azerbaijan Investment Holding (AIH), marking a significant step in streamlining the management of state-owned enterprises. The decision, effective immediately, aims to address regulatory issues and enhance operational efficiency.
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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