Need Criterion to Be Upgraded
The criterion need in Azerbaijan, used to determine the amount of targeted social assistance (TSA) is planned to increase from 105 manat to 116 manat in 2017, Finance Minister Samir Sharifov said during the discussions on the draft state budget of Azerbaijan in the parliamentary committees.
On Wednesday, the parliamentary committees on defense, security and fight against corruption, economic policy, enterprise and industry, agricultural policy, public unions and religious entities, natural resources, energy and environment started to discuss Azerbaijan's state budget project for 2017.
The Minister noted that the need criterion will be increased due to changes in tariffs on a number of utilities. -----71D
Economics
-
Azerbaijan's Minister of Agriculture, Majnun Mammadov, met with a delegation headed by the Vice President of the Asian Development Bank (ADB) for South, Central, and West Asia, Inmin Yang.
-
MKT Production Commercial LLC, Azerbaijan's leading cotton producer and a subsidiary of GP Cotton Holdings, has rebranded itself as "Prime Cotton" LLC, the company announced. The move follows modernization and enhancement projects aimed at strengthening corporate identity and refreshing its brand image.
-
The cooperation agreement for the supply of equipment, software, and operation of the SMART Gas Data Processing Center was signed on November 11 during COP 29 between SOCAR and IntelliGrid, a joint venture of Esyasoft Holding and Presight AI from the UAE. The total value of the agreement is $480 million.
-
Azerbaijan's President Ilham Aliyev has ratified a plant quarantine and protection cooperation agreement with the Russian Federation, which was previously approved by the Azerbaijani Parliament.
Leave a review