...

Azerbaijani president approves to increase need criteria for 2012

Business Materials 20 December 2011 18:37 (UTC +04:00)
President of Azerbaijan Ilham Aliyev approved the law on need criteria in Azerbaijan for 2012.
Azerbaijani president approves to increase need criteria for 2012

Azerbaijan, Baku, Dec. 20 / Trend N. Ismayilova /

President of Azerbaijan Ilham Aliyev approved the law on need criteria in Azerbaijan for 2012.

The need criteria for 2012 has been determined at 84 manat

The figure is 75 manat now.

The law will become effective from Jan. 1, 2012.

According to socio-economic development concept for the subsequent three years, the figure will be brought to 92 manat in 2012, to 100 manat in 2014, and to 106 manats in 2015.

The official exchange rate is 0.7864 manat to $1 on Dec. 20

Tags:
Latest

Latest