From January to November 2013 Baku’s oil refineries, which are a part of SOCAR, have made 1,410,000 tons of petrol.
According to the State Statistical Committee, during 11 months 1,170,000 tons of petrol and 109,700 tons of virgin petrol for the chemical industry have been manufactured.
The petrol manufacture increased by 8.9%, while virgin petrol production dropped by 8.5%.
In 2012 SOCAR made 1,444,000 tons of petrol. During last year 1,296,000 tons of petrol and 148,200 tons of virgin petrol was manufactured.—0—
Economics
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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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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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