Costs of Roads and Bridges Totaling Nearly 2.5 Times More than Cost of Education, Health and Science Together
Deputies of the Milli Mejlis met socially - oriented investment (66 %) of the state budget of Azerbaijan.
Speaking at today's joint meeting of the six committees dedicated to the discussion of the draft budget for 2014 the chairman of the Parliamentary Committee on Science and Education Shamsaddin Hajiyev noted the increase in budget spending on education, health , culture, art and science. According to him, in comparison with the year 2014 the cost of the educational sphere amount to 1 billion 653 million 445.19 thousand manats (+12 %). Health expenditure is 725 million 586.17 million ( +14%) , science - 146 million 815.9 million ( +15 %).
The MP forgot to add that the investment projects planned to spend much more than health care , science and education combined - 6 billion 281 million 954.73 thousand manats. This uncontrollable and hopeless position for the nation "eat" 31.3 % of all budget expenditures ( AZN 20 bn 63 million ) - the government annually invests billions of manats in the construction of roads and bridges, which are then repeatedly repaired with the same financial scale.
Social spending from the budget of 2 billion will transfer 72 million 233.88 thousand manats , more than half ( 1.14 billion ) of which - transfers from the State Oil Fund.
More emphasis on the so -called services that are not included in the basic position - 2 billion 670 million 806.78 thousand manat , of which 538 million is provided for a trust fund maintenance of roads. - 17D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review