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
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
-
Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Leave a review