The population of Azerbaijan acquired consumer goods for more than 15.47 billion manat (about $ 19.7 billion or + 9.4% against 1 October of the previous year) in January-September 2014.
According to the State Statistics Committee, the majority (54.75%) of money was spent on food – 8 470 000 000 manat or +3.2%. Growth of non-food items in the purse of the consumer is much more significant - 15.9%, which has resulted in 7.7 billion manat.
The population spent 4.76 billion manat on services (+ 6.4% by October 1, 2013). At the same time, 60.5% of all services, for 3.6 billion AZN, was rendered by legal entities. --17D-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review