ANNOUNCEMENT 19 Aug 2015In August 2015, the government of Azerbaijan announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
Country Pasture/Forage Resource Profiles. Azerbaijan
Central bank of Azerbaijan. Official exchange rate:
On 19 August 2015 the President of the Republic of Azerbaijan, Mr Ilham Aliyev, signed an order (no number disclosed) which entered into force on 20 August 2015.
It provides state support for strengthening of livestock development at the amount of 15 million manats (ca. 15.8 million USD). The state support is to be allocated for imports and leasing sales at a discount of 50 per cent of livestock to farmers.
The official document does not specify concrete animal breeds that will benefit from the subsidy. They are identified on the basis of FAO statistics and are: cows, dairy buffaloes, sheep, goats, pigs and poultry.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.