AZERI PRESIDENT SIGNS DECREE ON ADDITIONAL ACTIONS ON INTENSIFYING SOCIO-ECONOMIC DEVELOPMENT OF REGIONS
Azerbaijani President Ilham Aliyev signed a decree on additional actions for intensifying the socio-economic development of regions, including, in Gabala, Ismayilli, Oguz, and Shamakhi regions.
Along with successful implementation of the presidential decree on the implementation
of the State Program on Socio-Economic Development of Regions of Azerbaijan (2004-2008), dated 11 February 2004, the document notes that some problems are still to be resolved. A zonal meeting held in Gabala on 19 August 2005 with the participation of President discussed the achievements and problem existing in this sector, as well as ways for removal of problems, heard the relevant proposals and adopted the expediency of adoption of complex measures.
The president adopted a decree on Action Plan on intensification of the socio-economic development of the regions of Azerbaijan, including Gabala Ismayilli, Oguz, and Shamakhi districts. The Cabinet of Ministers was charged to regularly inform the Azerbaijani President on the implementation of an Action Plan
In compliance with another decree, dated 24 May 2005, the head of state adopted an agreement on Credit Development (project on upgrade of financial services) between Azerbaijan and International Association for Development.