According to the report of the Cabinet of Ministers, published in the run-up to its consideration by the parliament, in the past year the government received $741.1 million on the basis of three loan agreements under the state guarantees from international commercial and financial organizations
The balance is as follows: the Czech group of Societe Generale provided 458.86 million Euros, the Japanese corporation Sumitomo Mitsui Banking Corporation - 132 million Euros and the head office of Societe Generale - 85,37 million Euros.
In comparison with the funds received in 2014, it decreased by $ 237.2 million (a year ago 12 agreements for $ 978.3 million were signed previously).
In the years 1994-2015 the government received a total of $10 billion 327.5 million for the implementation of projects and programs, out of which just over two-thirds ($ 7 billion 285.8 million) was disbursed. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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