President Ilham Aliyev signed a decree on September 1 "On the financing of certain activities related to the development of tourism in Azerbaijan."
According to the document, in order to promote tourism and expand the possibilities of using modern information and communication technologies in this field, from the Reserve Fund of the President of the Republic of Azerbaijan for 2016 the Ministry of Culture and Tourism will be allocated 800 thousand manats.
Of this sum 400,000 manats will be spent on the establishment of the Register of Tourism and another 400,000 manats - on carrying out a shopping festival in Baku.
Another decree of the President is on the annual observance of September 27 in the Republic of Azerbaijan as a professional holiday, Day of Tourism Employees.- 06D--
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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