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
-
Azerbaijani Economy Minister Mikail Jabbarov and Belarusian Deputy Foreign Minister Igor Nazaruk have met to discuss the creation of joint production enterprises as part of a broader effort to strengthen economic ties between their countries.
-
Azerbaijan, Georgia, Romania, and Hungary have signed a joint stock agreement in Bucharest on Tuesday to establish a joint venture (JV) for the implementation of the Black Sea Submarine Cable (Black Sea Energy) project. The initiative aims to create a green energy corridor connecting Azerbaijan to Europe.
-
The revenues of the State Oil Fund of the Republic of Azerbaijan (Sofaz) from the “Azeri-Chirag-Gunashli” (ACG) field block decreased by 9.6 percent during the first eight months of this year, according to data published by Sofaz.
-
Azerbaijan's Agrarian Subsidy Council has announced the new crop coefficients, seed and seedling quotas, and planting requirements for 2025, in a decision aligned with the "Rules for Subsidizing Agricultural Production" as per the Decree of President Ilham Aliyev issued on June 27, 2019.
Leave a review