This year, the disabled veterans of the Karabakh war are handed cars not dedicated to some great moment, but in the midst of the presidential election. Yesterday 40 war veterans were handed the keys to the car brand NAZ Lifan.
Before the veterans received cars, they honored the memory of former President Heydar Aliyev and laid a wreath at the bust at the Ministry of Labor and Social Protection. Speaking in front of them, the Minister Fizuli Alekperov said that over the past ten years, Azerbaijan has entered a phase of rapid socio -economic development, in which it addresses important social problems of veterans and disabled veterans. Only in 2003-2013 war invalids were distributed more than 2,800 cars and four thousand apartments. Total since 1998, they received 3,800 cars and apartments for 5 thousand people.
In the coming days, cars will be received by 140 more disabled veterans.
This year, the Nakhchivan automobile plant collected 326 vehicles, which is 2.7 times more than in January- August 2012. At the beginning of September there were 192 cars stored in enterprises. -08D-
Economics
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Azerbaijan's President Ilham Aliyev signed a decree introducing changes to a number of presidential decrees aimed at amending the country's Tax Code in connection with the adoption of Law No. 98-VIIQD on December 16, 2024. The decree, published on Tuesday, introduces significant changes designed to simplify tax refunds for various goods and services and improve the rules for refunding value-added tax (VAT).
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SOCAR Türkiye Enerji AS (STEAS), the Turkish subsidiary of Azerbaijan's state oil company SOCAR, has announced an ambitious plan to build new production facilities for ethylene, polyethylene, and polypropylene (polyolefins) in Turkey. This initiative comes as the country grapples with a widening supply-demand gap, with nearly 90% of its polyolefin needs currently being met through imports.
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The tourism industry in Azerbaijan is experiencing remarkable growth in 2024, driven by post-pandemic recovery and strategic government initiatives. From January to November 2024, the country welcomed 2.412 million foreign tourists, marking a 27% increase compared to the same period in 2023. Projections suggest that the total number of visitors by year-end could reach 3 million, underscoring the sector's impressive trajectory.
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In the first 11 months of 2024, Azerbaijan's consumer market demonstrated steady growth, with the total value of goods and services reaching 67.4 billion manats, a 4.8% increase compared to the same period in 2023. This growth underscores the resilience of Azerbaijan's economy, which continues to adapt to global and domestic challenges.
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