Small and medium-sized private enterprises due to start next year, will be brought up to the state level.
As journalists Deputy Minister of Communications and Information Technologies Elmir Valizadeh, support function will take on the ICT Development Fund, created by presidential decree on 15 March this year, the establishment of this organization in the ministry.
Constituent documents, Fund earns revised statutes and regulations on business. Providing companies issuing soft loans and grants for projects is a major challenge posed by the structure. Incentives provided by the government, significantly ease the situation of local communicators from the private sector.
Also provided is direct financial assistance to authors of "hot" business ideas. In addition, the fund will be administered by the practical training, including overseas. -17D-
Economics
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Azerbaijan and EIB Global, the European Investment Bank’s external branch, signed a Memorandum of Understanding (MoU) at the COP29 climate summit to modernize and expand the Baku metro network, officials said on Thursday.
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International Energy Agency (IEA) Executive Director Fatih Biröl underscored the importance of tripling global renewable energy capacity by 2030 and doubling energy efficiency during his remarks at a ministerial meeting in Baku on Friday, emphasizing that these issues would be central to discussions at COP 29.
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During COP29, the Ministerial Meeting on Climate and Innovation Dialogue of the United Nations Special Programme for the Economies of Central Asia (SPECA) marked a milestone with the signing of a declaration to establish the SPECA Climate and Innovation Dialogue and the launch of the SPECA Multilateral Trust Fund.
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Kazakhstan's Vice Minister of Energy, Ilyas Bakhytzhan, highlighted the ambitious sustainability and environmental security plans shared by Central Asian countries and Azerbaijan during a joint event with IRENA and Azerbaijan's Ministry of Energy at COP29.
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