In the first half of 2012, through the Azerbaijan section of the corridor Trans Evropa-Caucasus-Asia (TRACECA) ,8.1 million tons of cargo were transported. This is by 0.2 million or 2.5% less than over the same period of 2011, according to the State Statistics Committee (SSC).
With consideration of local carriages through the corridor, the volume of freight traffic totaled 28.1 million tons, by 4.8% higher than in the first half of 2011.
According to SSC, cargo carriers saved from the activities of the corridor TRACECA 213,6 million manat, by 21.6% more than over the same period of 2011.
Economics
-
President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
-
Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
-
Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
-
The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
Leave a review