The World Bank (WB) has approved additional funding for IDPs.
According to the information on the official website of WB, the allocation of funds will come into force on December 20 this year, and the development is valid until the end of 2020.
The total amount of funding is $ 66.7 million, of which $ 50 million is the World Bank share, and the rest is from the Government of Azerbaijan.
As planned by the Bank, the allocated funds will help improve the lives of immigrants (approximately 7% of the population), the improvement of their living conditions and normal employment.
Specifically, the money will be allocated for improvement of water supply and electricity, communications, drainage systems, schools and health centers, as well as for training of entrepreneurial skills at young people. --17D-
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