At yesterday's conference on the results of the first year of the "State Program on socio-economic development of regions of Azerbaijan in 2014-2018" the Minister of Agriculture Heydar Asadov announced increase in fruit and vegetable exports to $ 291 million (+ 16.1% compared to the year 2013) and increase in imports to $ 25.2 million (minus 13.5%).
"Reduction of fruit import by 32.7% in physical terms and vegetables and melons import by 47.3% indicates increase in the role of domestic production to meet the needs of the domestic market," he said, noting the growth of livestock by 21%, meat production - by 46.4% and milk production - by 53%.
As part of efforts to provide direct assistance to the development of crops farmers in the country were provided financial assistance of 20.1 million manat for sowing wheat and rice, while AZN 51.8 million was spent on the purchase of fuel and motor oil for the treatment of cultivated areas and perennial plants, the minister said. --17D-
Economics
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The Cabinet of Ministers of Azerbaijan has approved a new Unified Tariff Schedule to determine the monthly salaries of public sector employees financed through the state budget. This decision, outlined in Decree No. 540, comes into effect on December 26, 2024, and is aimed at standardizing wages in the public sector.
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On December 27, Azerbaijani President Ilham Aliyev has signed a decree to dissolve the Azerbaijan Industrial Corporation (ASK) and transfer its key assets to the Azerbaijan Investment Holding (AIH), marking a significant step in streamlining the management of state-owned enterprises. The decision, effective immediately, aims to address regulatory issues and enhance operational efficiency.
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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