The Minister of Finance of Azerbaijan Samir Sharifov, responding to the debate on the draft budget for 2013 to the MPs, said that most of their grievances related to social issues, landscaping, regional infrastructure, and so on.
According to him, on transfers to the budget from the State Oil Fund, Customs and other revenues it is expected wholly-performance expectations for earnings. The only risky area is income from the Ministry of Taxes due to foreign oil consortium members. He noted that the structure of expenditures (budget-recognized investment areas) justifies the bookmark to the budget of the base price per barrel of $ 100.
He said that over the past nine years (from 2004), public sector wages have increased by 11 times, and pensions, social benefits and cost of living - 10 times. This year, repaired and renovated were 450 schools and 109 kindergartens. Ongoing repair work is conducted in 299 schools and 48 kindergartens. - 17D -
Economics
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Temporary suspension of gas supplies from Azerbaijan to Serbia will be avoided, Serbian President Aleksandar Vucic announced on Sunday.
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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