The Tovuz district office of the State Social Protection Fund ( SSPF ) hosted a reception of citizens of the western economic region of the country.
According to the press service of the government structure, the chairman Salim Muslumov learned the problems of the payers of compulsory social contributions and pensioners in the Shamkir, Gadabay, Gazakh, Agstafa and Tovuz regions .
The report did not indicate the number of complainants, but noted that the reception was held on the principle of "open door". Part of the confusion is related to the legal aspects of calculating pensions (the period of study enrollment in full-time work experience in higher education institutions, the purpose of pensions to former government employees, the problems caused by the lack of historical data of enterprises and so on). A large part of the applications were associated with the reflection of the personal accounts pension capital and compulsory social insurance. - 17D-
Economics
-
Elon Musk, co-chair of the U.S. Department of Government Efficiency (DOGE), has outlined a strategy to bring inflation in the United States down to zero by 2026 through aggressive cuts in federal spending. Musk’s plan, which aims to reduce approximately $4 billion in projected daily expenditures, is designed to shrink the federal deficit to $1 trillion by 2026. While the deficit would still be substantial, Musk argues that accelerated economic growth could offset inflationary pressures, ultimately stabilizing the economy.
-
The State Oil Company of Azerbaijan (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity stake in the Tamar gas field, one of the largest offshore gas The State Oil Company of Azerbaijan (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity stake in the Tamar gas field, one of the largest offshore gas projects in the Mediterranean, SOCAR said in a statement on Wednesday.projects in the Mediterranean, SOCAR said in a statement on Wednesday.
-
On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
-
Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
Leave a review