President Ilham Aliyev signed on January 24 a decree providing for raising of additional payments to salaries of employees of the customs service from 50 to 60% of funds accumulated in the extra budgetary fund of the State Customs Committee. The decree comes into force on February 1 of this year.
The decision to improve the social protection of employees of the State Customs Committee was adopted in February 2011. Then the size of bonuses to wages was 25%. In 2016, additional payments of extra-budgetary committee of the fund were increased to 50%.
SCC does not publish information on revenues and expenditures of these funds.
Earlier, a similar decision was taken in respect of employees of the tax service of the country.
It is well known that employees in many state bodies, ranging from an ordinary worker to the minister, are paid so-called "envelope salaries", which are never fixed. These facts have been disclosed, for example, in the trial of former Minister of Economic Development Farhad Aliyev and senior officials from the Ministry of Communications and High Technologies.
Supplements to wages are paid in the framework of the fight against corruption. ---08D
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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