The rules ofgranting doctoral scholarships to students of universities, secondary specialized educational institutions and vocational schools of the republic have been established. According to the decision of the Cabinet of Ministers, published in the official press, the scholarship will be given not only to those studying full-time at the expense of the state or on the basis of the state order, but also to the students of paid departments.
In accordance with the President’s decree, the scholarship for the bachelor degree students with academic indicators of 91-100 points will be 95 manats;with academic indicators of 71 on all subjects and up to 100 points on at least one subject - 80manat; with academic indicators of 51-100 points will get an ordinary scholarship. --17D-
Economics
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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.
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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.
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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.
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"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.
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