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The Ministry of Labor and Social Protection of Population presented the activities of the ABAD legal entity of public right (support to family business in the ASAN system).
According to the head of the Ministry, Salim Muslimov, ABAD implements projects that form competitive family farms in support of small and medium-sized businesses.
"We are implementing a program of self-employment, and the organization will be an additional effective support mechanism for the creation of family farms by low-income families," said the Minister.
Recall, the innovation was introduced by order of the President "On additional measures in self-employment" on April 7, 2016. According to the document, AZN 6 million was allocated for these purposes. This is supposed to provide self-employment for some 1,400 families for which small family farms have been created. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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