In January-April targeted social aid was received by 113,455 families (494,892 people).
According to the Ministry of Labor and Social Protection, it is 26,774 families, or 19% less than on May 1 of last year. The reason for this phenomenon is the provision of feasible income in social projects to citizens wishing to exit the low-income category.
Moreover, the reduction in the number of beneficiaries has led to increase in the amount of aid by 14.5% - by 1 May, the figure was 144.98 manat per family, or 33.24 manat per recipient per month.
Targeted social assistance covers 234,990 people under the age of 18 years, including 5,507 people with disabilities and 6,329 infants aged up to one year. 32,550 families receiving targeted social help have three or more children. --17D-
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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