On 4 September the President Ilham Aliyev attended the opening ceremony of the channel Tahtakorpyu-Jeyranbatan after reconstruction, and launched Start-up water. The new irrigation system will be used for agriculture for more than 6000 hectares of land and improve irrigation of more than 5,000 hectares.
In general, the realization of this project will greatly improve the development of agriculture on large territory that was previously not possible due to shortage of water. The project was financed from the Oil Fund. -02D-
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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