Business

Country to lower business loans interest rates

Azerbaijan's Central Bank jointly with the Ministries of Economy and Finance will take measures to support the real sector, to issue business loans, and to reduce interest rates on these loans in 2020, according to the Cabinet of Ministers ’action plan on the implementation of the instructions drawn up by President Ilham Aliyev at a meeting on the results of 2019.
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Minister: Azerbaijan ranks first in CIS for minimum pension

Azerbaijan ranks first in the CIS in terms of minimum pension and second in terms of purchasing power of minimum wages, Azerbaijan's Minister of Labor and Social Protection of Population Sahil Babayev said at a conference on identifying priority areas of cooperation between Azerbaijan and the UN for the next five years, Trend reports.
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