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
-
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
-
Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
-
On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
-
In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
Leave a review