Prezident İlham Əliyev.
Baku / 09.09.20 / Turan: On September 9, President Ilham Aliyev issued a decree establishing the Economic Council of the Republic of Azerbaijan and its composition headed by the Prime Minister. The new structure is being created in order to form a new basis for the strategic management of economic policy, reflecting the national development priorities of the country in the post-pandemic period.
The Economic Council consists of two presidential aides, two assistants to the First Vice President, the Ministers of Economy and Finance, the Minister of Labor and Social Protection, the Chairman of the Central Bank, and the Executive Director of the State Oil Fund. By the same decree, the Financial Stability Council of the Republic of Azerbaijan, created in July 2016, was disbanded.
To organize the activities of the Council, its Secretariat is created. The functions of the Secretariat are recommended to be performed by the CBA.
The Economic Council was instructed to prepare and submit to the head of state proposals on economic reforms and directions of economic policy in the fiscal, monetary, and financial and banking sectors. ----08D--
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review