President Ilham Aliyev on August 3 canceled his order of 4 September 2007 On the Establishment of Best Teacher and Best Educational Institution awards.
According to the new decree, the funds annually allocated from the state budget for these awards will be directed to the implementation of grant projects on development and innovation in education.
Aliyev last awarded the winners of the Best Educational Institution and Best Teacher for 2014/2015 on December 21, 2015.
The lump-sum award of AZN 10 thousand was allocated to 51 general educational institutions and AZN 5,000 was allocated to 116 teachers. The total amount of premiums was about AZN 1.58 million. This amount will now be directed to innovations in secondary education. -0-
Economics
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Azerbaijan is witnessing a sharp contraction in its foreign trade turnover, with data for the first half of 2024 showing a significant 38% year-on-year decline. According to the State Statistics Committee, the nation's trade turnover from January to June 2024 amounted to $21.77 billion, a steep fall from $30.3 billion recorded during the same period in 2023.
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Elnur Aliyev, Advisor to the Minister of Science and Education, stated to journalists that a per capita financing system will be introduced in schools by the end of 2026: "This is currently a pilot project. It will be implemented in a group of schools. This year, the project will be launched in several schools."
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The Cabinet of Ministers of the Republic of Azerbaijan has adopted a resolution to approve the "Rules for the Transportation of Passengers, Luggage, and Cargo-Luggage by Rail Transport." This resolution, No. 352, was signed by Prime Minister Ali Asadov and aims to improve the efficiency and quality of railway transport services in the country.
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The Cabinet of Ministers of the Republic of Azerbaijan approved a series of amendments to the excise rates on excisable goods imported into the country on July 23. The changes, ratified on January 19, 2001, and coming into force 30 days from today, aim to align tax rates with current economic conditions and trade policies.
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