Government support to tobacco growing
President of the Republic of Azerbaijan Mr. Ilham Aliyev signed an Executive Order for the purpose of enhancing government support to development of tobacco growing in the country.
Center for Analysis of Economic Reforms and Communication reports that this order will also be useful for further improving social welfare of the people dealing with tobacco production, more efficiently using potential opportunities of this field and improving its competitiveness.
That is, it is proposed to allocate subsidy to tobacco producers in amount of 0,05 manat per one kilogram of dry tobacco and per ten kilograms of wet tobacco which demonstrates government support to producers.
The proposed subsidy will also apply to dry and wet tobacco produced and sold to processing facilities in 2016.
Cabinet of Ministers of the Republic of Azerbaijan will approve the rules for granting subsidies to producers within two month in agreement with the President of the Republic of Azerbaijan.
And Ministry of Finance of the Republic of Azerbaijan is charged with financing of subsidies.
Op-eds
Shabnam Mammadli
Sector director of the Monitoring of socio-economic programs
The liquidation of "Azalternativenerji" LLC will serve to reduce the demand and risks for state resources
Tarana Salifova
Head of the Monitoring and evaluation division
The change made in the strategy of socio-economic development for 2022-2026 will stimulate high economic growth
Joshqun Jafarov
Macroeconomist of CAERC
Regional Countries Are Also Highly Interested in Zangezur Corridor
Vusal Gasimli
Executive director of CAERC
The equilibrium real exchange rate in a commodity exporting country: Azerbaijan's experience
Gunay Guliyeva
Head of department at CAERC
Educational Loans Will Accelerate Economic Development
Nijat Hajizade
The Head of department of CAERC
There Are Prospects for the Development of Export of Services
Vusal Gasimli
Executive director of CAERC
Baku’s 'smart' Karabakh plan paints a bright future