Azerbaijan does not change discount rate

President Ilham Aliyev's decree of 28 March 2022 ‘On Approval of the Upper Limit of Ratio of Non-oil Base Budget Deficit to Non-oil Gross Domestic Product (GDP)’ is not honoured.This is stated in the conclusion of the Accounting Chamber on the Draft Law ‘On State Budget for 2025’.

In 2025, the subsistence minimum in Azerbaijan will amount to AZN 305 for able-bodied population, AZN 232 for pensioners and AZN 246 for children. This is stated in the Draft Law ‘On Subsistence Minimum for 2025’.

'Qala Insurance' company has won an open tender for voluntary medical insurance of employees of the 'Information Technology and Information Management Centre' company subordinated to the Ministry of Economy. This is reported on the unified internet portal of public procurement.

Bank Respublika signed a cooperation agreement with three international financial organizations under COP29. During the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), the International Finance Corporation (IFC) supported Bank Respublika by providing a substantial loan to finance green projects in Azerbaijan.