The Cabinet of Ministers decided (12 May, №193) on procurement of 50.44 hectares of land in the Astara region for the state needs. These lands will be set aside for the construction of the railway line from Azerbaijan to Iran.
The main part of the land (41.3 ha) is privately owned. Three municipalities own 8.53 hectares. The state controls 0.61 hectares of these lands. The government has given the right to purchase these lands to CJSC Azerbaijani Railways.
Under the law, the owners should be paid compensation in accordance with the market value of the property.
The foundation of a railway bridge over the river Astara has been laid recently. It will connect the railway lines of Azerbaijan and Iran in the framework of the North-South international transport corridor project. ------08D
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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