In the first half of 2016 Agroleasing JSC transferred agricultural machinery amounting to AZN 22.5 million to farmers in long-term leasing.
Total 296 tractors, 121 combine harvesters, 106 ploughs and 212 other farm machines were leased out.
According to the government decision, the period of the lease of agricultural equipment is 10 years. In the case of payment of 20% of the cost of the equipment, Agroleasing JSC yields 40% of its original value. ------08D
Economics
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Elnur Aliyev, Advisor to the Minister of Science and Education, stated to journalists that a per capita financing system will be introduced in schools by the end of 2026: "This is currently a pilot project. It will be implemented in a group of schools. This year, the project will be launched in several schools."
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The Cabinet of Ministers of the Republic of Azerbaijan has adopted a resolution to approve the "Rules for the Transportation of Passengers, Luggage, and Cargo-Luggage by Rail Transport." This resolution, No. 352, was signed by Prime Minister Ali Asadov and aims to improve the efficiency and quality of railway transport services in the country.
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The Cabinet of Ministers of the Republic of Azerbaijan approved a series of amendments to the excise rates on excisable goods imported into the country on July 23. The changes, ratified on January 19, 2001, and coming into force 30 days from today, aim to align tax rates with current economic conditions and trade policies.
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The Information and Communication Technologies Agency (ICTA), Azerbaijan's regulatory body for telecommunications and postal services, has registered six new telecommunications operators and providers, bringing the total number to 163.
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