The official maximum bonus for athletes of Olympic sports
The maximum bonus for athletes of the national team that take prizes in international competitions in Olympic sports, as well as their coaches, will be AZN 20 000. The Olympic Games are not included in the list since the size of the premium is set by the head of the state just before departure of the delegation to the competition.
The decision of the Cabinet of Ministers of Azerbaijan has issued AZN 20,000 to the Azerbaijani national team that wins the final stage of the World Cup. The winner of the World Cup in addition personally receives 6 000 manats. In other cases, the individual premium and its maximum (for an individual victory at the World Cup) is 15 000.
Prizes are awarded for victory in all age categories of Olympic sports championships, World Cups and European Cups. The lowest premium rate (from 300 to 1 500 manat) is for the winners of the European Junior Championship.
Azerbaijan has 1,000 people engaged in professional sports. - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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