In Azerbaijan, 139,573 families (612,114 people) receive targeted social assistance. A year ago, the money was allocated to 120.9 thousand families.
According to the press service of the Ministry of Labor and Social Welfare, up to April 1, there were 39,143 low-income families with three or more children. The number of children under the age of 1 year in such families is 6,613, at the age of 18 years – 293,213, the number of children with disabilities under the age of 18 – 6,618 people.
Physical capacity of 33,843 people older than 18 years in these families is limited, and the number of working members of such families is 35,567 people. In 1,852 families there are disabled of war, 365 are families of martyrs and 12,583 are displaced families.
The average amount of social assistance per one family is 128.07 manat.
The need criterion for calculating social assistance amounts to AZN 100 by January 1, 2014. - 17D-
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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