The Ministry of Labor and Social Protection of the population has prepared a bill to amend the legislation address the welfare state, which seeks to waive the monthly finance low-income families with incomes well below the poverty level.
Planned to implement the method of funding to provide employment to families, and thus rehabilitate their income.
The Department of Public Relations of the Ministry of Labor told Turan, that the active support of poor families in a pilot project started in April 2011. To date, in 13 districts the program "self-help" attracted 281 families. The essence of this program is that families in need for public assistance receive the entire annual amount of aid at a time and to direct these funds to purchase livestock. The effect of these measures is almost 100%. About 96% of families receiving this assistance rehabilitate their financial situation and do not need any help.
In the Ministry of Labor they also noted that according to the proposals for amendments to the law "On state social targeted assistance" for those families, to improve the financial and property status of which is not expected in the next few years, the help will be appointed for a term of two years or more.
The reconciliation bill passed in government and will be submitted to the Cabinet of Ministers.
Targeted social assistance in Azerbaijan has been used since 2006. In 2012, the help was received by 124,217 families, or 548,668 people. For each family member was assigned an average of 26 manats of aid. Criterion needs for this assistance was 84 manat of monthly income per family member. - 08D-
Economics
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Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
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Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
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Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
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In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
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