Privatized third kindergartens
State Committee on Property privatized 82 kindergartens and nurseries . This makes the third opened in August 2006 for the privatization of preschools.
According to a report on the progress SCP small privatization in 1996-2013, respectively, in 2007 it was privatized 63 of 240 open for denationalization of kindergartens and nurseries . Most privatized preschool institutions located in Baku. In 2010-2011, there was no privatized kindergarten. And in 2013, sold at auction was only one preschool.
Government declares a severe shortage of preschool educational institutions. However, there is not a decision to refuse the privatization policy.
This week, the Heydar Aliyev Foundation announced a new program of development of preschool educational institutions. A non-governmental organization headed by the wife of the President of Azerbaijan Ilham Aliyev, funded in previous years the construction of the country 20 kindergartens and nurseries.
According to a fund monitoring on the territory of Baku city has 411 preschools . 345 of them state-owned, 54 belong to the private sector , the remaining 12 are at various companies and organizations . While 137 public kindergartens in need of major repairs. Currently, the state budget being renovated 35 of them.
According to the State Statistics Committee, on 1st January 2014, Azerbaijan has 1,637 public and 40 private preschools. Here are 112 thousand children, or 15% of children aged 1 to 5 years. - 08B-
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review