In 2015, for the implementation of the "Southern Gas Corridor" from the state budget 928 millionmanat will be allocated, and from the Petroleum Fund - 1.341 billion manat, stated the Minister of Finance Samir Sharifov, introducing the draft state budget in parliament. For this project from the state budget will be spent 2.269 billion manats, or 8.8% of total expenditures. In addition, the budget in 2015 provided 300 million manat to complete the construction of the Baku-Tbilisi-Kars and Baku Sea transport port.
For defense will also be allocated three billion 783 million manat, by 809 million manat more than in 2014. -03D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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