Budget of Unemployment Insurance Fund for 2019 Approved
Baku / 22.12.18 / Turan: The President of Azerbaijan Ilham Aliyev signed the law on the budget of the Unemployment Insurance Fund for 2019.
According to the document, the income and expenses of the Unemployment Insurance Fund are provided at the level of 83,451.4 thousand manat. Of these, 83,421.4 thousand manat will be formed at the expense of contributions by type of unemployment insurance, and the rest will be formed by other income.
In the structure of contributions in this segment, AZN 13,060,700 will be accounted for by organizations financed from the budget, AZN 13,060,700 - employees of organizations financed from the budget, and 57,300.0 thousand manat - extra-budgetary sector.
Funds remaining unused at the end of the year are used to finance the expenses of the following year.
The law comes into force on January 1, 2019. -06D--
Economics
-
Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
-
The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
-
French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
-
Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
Leave a review