Expenditures Not Provided by Basic Articles of State Budget to Exceed 2 Billion Manats
According to the preliminary forecast of Azerbaijan's state budget for next year, published by the Ministry of Finance of Azerbaijan, investment costs will amount to 1.86 billion manats, expenses for services not covered by the basic articles - 2 billion 78.33 million AZN. The development of industry, construction and mining industry is allocated 1,882,130,000 AZN.
The Nakhchivan Autonomous Republic will receive 290 million AZN, the domestic debt service will cost 61.16 million AZN, and the external public debt will be paid interests of 369,400,000 AZN and the principal amount of 1.34 billion AZN. --17D-
Economics
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
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The Azerbaijani Cabinet has implemented significant changes to energy regulations in line with new laws aimed at enhancing the country’s electrical infrastructure. A decree signed by Prime Minister Ali Asadov on December 29 introduces amendments to several prior governmental decisions and cancels previous regulations, including a key rule on electricity production and equipment operation limits.
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