• Our products
  • Trend Media Service
  • News terminal

Media service

  • Trend Media Service

For clients

  • How to subscribe
  • Instant paid access
  • Support service

Ads placement

  • Banner platforms on the website

Company

  • About company
  • Vacancies

Communications

  • Reference
  • Achievements

Trend in social networks

  • Facebook
  • Twitter
  • Youtube
  • Telegram
  • RSS
  • IOS
  • Android

Our services

  • Trend News Terminal
  • Trend Daily News
  • Caspian Oil & Gas Trend’s
  • Monthly Azerbaijan Business Monitoring
  • Weekly Azerbaijan Business Monitorings
  • Caspian, Turkey Building & Logistics Monitoring
  • Azerbaijan Energy Projects Review
  • Trend Banking Analytics
  • Iran Energy Economy Review
  • Central Asia Economic Business Monitoring
  • Weekly Tenders Report
  • Azerbaijan non-oil Review
  • Azerbaijan Monthly IСT Monitoring
  • Regional Finances

Media

  • Trend Politics
  • Trend Society
  • Trend Economy
  • Trend Energy
  • Trend ICT
  • Trend Tourism
  • Trend Culture

Contacts

  • Bakhtiyar Vahabzade Str., 14, Baku, Azerbaijan, AZ1141.
  • sales@trend.az
  • + 994 12 437-12-68
ORDER TRIAL VERSION
  • RU
  • AZ
  • EN
  • TR
  • FA
  • Login
  • Sign up
Trend.Az
  • Latest
  • Azerbaijan
    • Politics
    • Business
    • Nagorno-Karabakh conflict
    • Society
    • Other News
  • Business
    • Oil&Gas
    • ICT
    • Economy news
    • Tenders
    • Tourism
  • Iran
    • Nuclear Program
    • Politics
    • Business
    • Society
  • Central Asia
    • Kyrgyzstan
    • Kazakhstan
    • Turkmenistan
    • Tajikistan
    • Uzbekistan
  • South Caucasus
    • Armenia
    • Georgia
  • World
    • Turkey
    • Europe
    • US
    • Russia
    • Israel
    • China
    • Arab World
    • Other News
  • Analysis
  • Latest
  • Azerbaijan
    • Politics
    • Business
    • Nagorno-Karabakh conflict
    • Society
    • Other News
  • Business
    • Oil&Gas
    • ICT
    • Economy news
    • Tenders
    • Tourism
  • Iran
    • Nuclear Program
    • Politics
    • Business
    • Society
  • Central Asia
    • Kyrgyzstan
    • Kazakhstan
    • Turkmenistan
    • Tajikistan
    • Uzbekistan
  • South Caucasus
    • Armenia
    • Georgia
  • World
    • Turkey
    • Europe
    • US
    • Russia
    • Israel
    • China
    • Arab World
    • Other News
  • Analysis
  • Trend Photo
  • Home
  • Business
  • Economy news

Azerbaijan steadily integrating into global economy - Finance Minister

3 November 2010 03:20 (UTC+04:00)
  • 0
  • 0

Azerbaijan, Baku, November 2 / Trend /

Azerbaijan's economy is steadily integrating into the global economy, changes occurring in the global financial markets undoubtedly have an impact on the Azerbaijani economy, the Finance Minister Samir Sharifov said Tuesday to AzTV state channel.

"We are fighting against the negative effects of the [global] financial crisis that had caused much damage to the world economy in 2008-2009. In some developed countries budgets are being cut and these measures, unfortunately, has affected social programs in the first place", the minister said.

According to him, in spite of this, in Azerbaijan steps are taken to build up social programs in both 2010 and 2011.

"In September and October 2010, President Ilham Aliyev signed a number of orders and decrees increasing the salary of budgetary institutions' employees, minimum wage and the basic pension, all social benefits and grants are increased", said the minister.

According to Sharifov, as a result of this, the welfare of three million Azerbaijani citizens improved. "The 2011 budget provides additional funds for these increases amounting to 460 million manat", the minister said.

In general, the state budget-2011 is characterized by its social orientation, the minister said.

"Socially-oriented expenditures [of the State budget-2011] make 4.3 billion manat", the minister said.

Do you have any feedback? Contact our journalist at news@trend.az
Follow us on Twitter @TRENDNewsAgency

Follow Trend on Telegram. Only most interesting and important news

Azernews Newspaper
Category news
Iranian fishermen catch more bony fish in Caspian Sea
Business 22:33
Iran’s state broadcaster ‎to hold int’l tender for cyberspace technology center
Tenders 21:26
Iran increases liquid fuel supply to power plants
Business 21:26
Deutsche Bank fired 300 U.S.-based investment bankers on Wednesday
Europe 20:58
German business estimates damage from US anti-Russian sanctions at 1.5 bln euros
Russia 20:35
Bank Standard once again challenges its liquidation plan
Economy news 19:59
Iran’s Mashhad municipality to hold int’l tender for waste-to-energy project
Tenders 19:50
Fertilizer producer to help increase fertility of lands in Azerbaijan
Economy news 19:21
Another part of Azerbaijani Bank Standard loans to be secured by pledge
Economy news 17:30
China, Russia and Saudi Arabia give EU trade reforms thumbs down at WTO
China 17:25
Currency trades at Kazakhstan Stock Exchange on April 26
Economy news 17:22
Azerbaijan announces manat rate for April 27
Economy news 17:09
ECB keeps policy unchanged; Draghi seen taking confident tone
Europe 17:08
Uzbekistan attracting Korean, Turkish investors to Angren free-economic zone
Economy news 17:07
Iran’s Namin Municipality to hold tender for investment in recreational air balloons
Tenders 17:06
Iran ready to co-op with world’s major airplane manufacturers (Exclusive)
Business 16:58
IMF reveals Turkmen GDP growth forecast for 2018
Economy news 16:54
Sukhoi working with Iranian companies on new agreements for aircraft supply
Economy news 16:46
Most popular
Turkey ready to consider creation of joint FEZ with Azerbaijan <span class="color_red">(Exclusive)</span>
Turkey ready to consider creation of joint FEZ with Azerbaijan (Exclusive)
Former US President George H.W. Bush moved from intensive care
Iranian airliners to purchase 40 Russian-made super jets
Macron: Trump will exit Iran nuclear deal in may
Commentary
Trump’s possible withdrawal from nuclear deal would damage EU <span class="color_red"> – expert</span>

Trump’s possible withdrawal from nuclear deal would damage EU – expert

Sargsyan should stand int'l tribunal for his crimes: MP
Sargsyan must answer to international tribunal: expert
The “Armenian genocide” – still stuck in Wonderland
Trend.Az
  • About
  • Our Team
  • Our products
  • Trend Media Service
  • Info Service
  • News archive
Contacts
14, Bakhtiyar Vahabzade, Baku, Azerbaijan, AZ1141
+(994 12) 497-31-72
news@trend.az
+(994 12) 497-30-89
© 2018 Trend News Agency
Terms of use
  • counter