We care about image and that is all...

In 2020, 222 million manat (130.3 million US dollars), or 0.82% of the state budget expenditures, will be allocated from the state budget for international events.

According to the Ministry of Finance, the costs of international events will increase compared to this a year (76.2 million manat) 2.9 times. For comparison, we note that in 2020, the authorities intend to increase the total amount of targeted social assistance to poor families from 121.3 million to 219.7 million manat.

On the other hand....

In 2020, AZN 142 million will be allocated from the state budget for the construction and sale of apartments under preferential terms. This is 20 million manat or 12.4% less than this year.

The financing will be provided by the State Housing Agency and the Loan Guarantee Mortgage Fund.

Shoes as an economic indicator

Look at the numbers in order to understand the level of customs and the hidden economy. Really good sample:

For seven months of this year, 23 million 196 thousand pairs of shoes were imported into Azerbaijan. This product is declared for a total value of 48 million dollars. This was reported by the State Customs Committee.

According to the State Customs Committee, shoes imported for commercial purposes are declared at an average price of $ 2. According to the estimates of the State Statistics Committee, carried out in order to determine the level of consumer prices, men's shoes are sold at retail at an average price of 24 to 42 manats (14.1-24.7 US dollars), women's shoes - from 14 to 41 manats (8.2 -24.1 US dollars), and children's shoes - from 16 to 19 manats (9.4-11.1 US dollars).

These numbers include shoes that are sold for 100 USD as well.