DPA
The government has been instructed to prepare proposals for raising salaries and pensions in 2022
Baku/16.10.21/Turan: In order to mitigate the negative impact of processes on international markets on domestic prices and strengthen social protection of the population, especially the most vulnerable groups, President Ilham Aliyev signed an order "On additional measures in the field of social security protection of the population".
The Cabinet of Ministers has been instructed to prepare and submit proposals to the President of the Republic of Azerbaijan on the inclusion of appropriate measures in the draft state budget of the Republic of Azerbaijan for 2022 in connection with the increase in wages, labor pensions and social benefits, pensions and other social benefits.
It was also instructed to resolve other issues arising from this order.—0—
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review